Egalet Corp (EGLT) Drops 8.16% on December 22

Equities Staff  |

Egalet Corp (EGLT) was one of the Russell 2000's biggest losers for Tuesday December 22 as the stock slid 8.16% to $10.24, a loss of $-0.91 per share. Starting at an opening price of $11.16 a share, the stock traded between $9.55 and $11.16 over the course of the trading day. Volume was 105,359 shares over 779 trades, against an average daily volume of 145,527 shares and a total float of 25.06 million.

The losses send Egalet Corp down to a market cap of $256.61 million. In the last year, Egalet Corp has traded between $17.03 and $4.81, and its 50-day SMA is currently $9.54 and 200-day SMA is $11.48.

Egalet Corp is a specialty pharmaceutical company. The Company is engaged in developing and planning to commercialize proprietary, abuse-deterrent oral products for the treatment of pain and in other indications.

Egalet Corp is based out of Wayne, PA and has some 44 employees. Its CEO is Robert Radie.

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