Electro Scientific Industries Inc. (ESIO) Jumps 11.41% on February 03

Equities Staff |

Electro Scientific Industries Inc. (ESIO) was among the biggest gainers on the Russell 2000 for Wednesday February 03 as the stock popped 11.41% to $6.64, representing a gain of $0.68 per share. Some 534,795 shares traded hands on 1,883 trades, compared with an average daily volume of 87,708 shares out of a total float of 31.03 million. The stock opened at $6.75 and traded with an intraday range of $6.75 to $6.41.

After today's gains, Electro Scientific Industries Inc. reached a market cap of $206.06 million. Electro Scientific Industries Inc. has had a trading range between $6.97 and $4.09 over the last year, and it had a 50-day SMA of $5.30 and a 200-day SMA of $5.09.

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.

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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