DXP Enterprises Inc. (DXPE) Plunges 5.62% on March 22

Equities Staff  |

DXP Enterprises Inc. (DXPE) had a rough trading day for Friday March 22 as shares tumbled 5.62%, or a loss of $-2.31 per share, to close at $38.76. After opening the day at $40.75, shares of DXP Enterprises Inc. traded as high as $40.75 and as low as $38.70. Volume was 87,237 shares over 1,145 trades, against an average daily volume of n/a shares and a total float of 17.58 million.

As a result of the decline, DXP Enterprises Inc. now has a market cap of $681.47 million. In the last year, shares of DXP Enterprises Inc. have traded between a range of $49.50 and $26.95, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of DXP Enterprises Inc., check out Equities.com’s Stock Valuation Analysis report for DXPE.

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DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the oil and gas, general manufacturing, chemical, reseller, transportation, fabrication and construction, food and beverage, mining, agriculture, power, and refining industries.

DXP Enterprises Inc. is based out of Houston, TX and has some 1,576 employees. Its CEO is David R. Little.

DXP Enterprises Inc. is a component of the Russell 2000. 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.

To get more information on DXP Enterprises Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: DXPE’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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