DXP Enterprises Inc. (DXPE) Jumps 6.7% on February 18

Equities Staff |

DXP Enterprises Inc. (DXPE) was among the biggest gainers on the Russell 2000 for Thursday February 18 as the stock popped 6.7% to $15.45, representing a gain of $0.97 per share. Some 59,378 shares traded hands on 692 trades, compared with an average daily volume of 134,728 shares out of a total float of 14.4 million. The stock opened at $14.67 and traded with an intraday range of $15.51 to $14.28.

After today's gains, DXP Enterprises Inc. reached a market cap of $222.46 million. DXP Enterprises Inc. has had a trading range between $49.06 and $13.20 over the last year, and it had a 50-day SMA of $20.01 and a 200-day SMA of $31.60.

DXP Enterprises Inc engages in the business of distributing, maintenance, repair and operating products, equipment and service to its customers. It operates under three segments; Service Centers, Supply Chain Services and Innovative Pumping Solutions.

DXP Enterprises Inc. is based out of Houston, TX and has some 3,704 employees. Its CEO is David R. Little.

For a complete fundamental analysis analysis of DXP Enterprises Inc., check out Equities.com’s Stock Valuation Analysis report for DXPE. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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