DXP Enterprises Inc. (DXPE) Soars 3.87% on February 05

Equities Staff  |

DXP Enterprises Inc. (DXPE) had a good day on the market for Wednesday February 05 as shares jumped 3.87% to close at $35.97. About 43,505 shares traded hands on 475 trades for the day, compared with an average daily volume of n/a shares out of a total float of 17.6 million. After opening the trading day at $35.22, shares of DXP Enterprises Inc. stayed within a range of $35.97 to $35.08.

With today's gains, DXP Enterprises Inc. now has a market cap of $633.19 million. Shares of DXP Enterprises Inc. have been trading within a range of $45.66 and $29.33 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

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.

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 also 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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