Education Management Corp (EDMC) Drops 20.59% on January 01

Equities Staff |

Education Management Corp (EDMC) was one of the Russell 2000's biggest losers for Friday January 01 as the stock slid 20.59% to $0.07, a loss of $-0.0175 per share. Starting at an opening price of $0.07 a share, the stock traded between $0.07 and $0.08 over the course of the trading day. Volume was 247,672 shares over 31 trades, against an average daily volume of 36,802 shares and a total float of 126.06 million.

The losses send Education Management Corp down to a market cap of $8.51 million. In the last year, Education Management Corp has traded between $0.37 and $0.05, and its 50-day SMA is currently $0.11 and 200-day SMA is $0.14.

Education Management Corp along with its subsidiaries is engaged in providing post-secondary education in North America. It offers academic programs to its students through campus-based and online instruction, or through a combination of both.

Education Management Corp is based out of Pittsburgh, PA and has some 20,800 employees. Its CEO is Edward H. west.

For a complete fundamental analysis analysis of Education Management Corp, check out Equities.com’s Stock Valuation Analysis report for EDMC. 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.

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