Electro Scientific Industries Inc. (ESIO) was one of the Russell 2000's biggest losers for Tuesday January 19 as the stock slid 5.47% to $5.01, a loss of $-0.29 per share. Starting at an opening price of $5.28 a share, the stock traded between $5.01 and $5.31 over the course of the trading day. Volume was 39,517 shares over 289 trades, against an average daily volume of 85,672 shares and a total float of 31.03 million.
The losses send Electro Scientific Industries Inc. down to a market cap of $155.48 million. In the last year, Electro Scientific Industries Inc. has traded between $7.62 and $4.09, and its 50-day SMA is currently $5.17 and 200-day SMA is $5.12.
Electro Scientific Industries Inc through its subsidiaries, is a supplier of laser-based manufacturing solutions for the microtechnology industry.
Electro Scientific Industries Inc. is based out of Portland, OR and has some 739 employees. Its CEO is Edward C. Grady.
For a complete fundamental analysis analysis of Electro Scientific Industries Inc., check out Equities.com’s Stock Valuation Analysis report for ESIO. 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.
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