EMC Insurance Group Inc. (EMCI) was one of the Russell 2000's biggest losers for Tuesday January 12 as the stock slid 5.14% to $22.64, a loss of $-1.227 per share. Starting at an opening price of $23.95 a share, the stock traded between $22.51 and $24.45 over the course of the trading day. Volume was 37,760 shares over 263 trades, against an average daily volume of 24,808 shares and a total float of 20.75 million.
The losses send EMC Insurance Group Inc. down to a market cap of $469.76 million. In the last year, EMC Insurance Group Inc. has traded between $26.83 and $19.84, and its 50-day SMA is currently $25.38 and 200-day SMA is $23.99.
The stock has a P/E Ratio of 8.7.
EMC Insurance Group Inc conducts its operations in property and casualty insurance and reinsurance through its subsidiaries. It is engaged in the sale of commercial lines of property and casualty insurance to small and medium-sized businesses.
EMC Insurance Group Inc. is based out of Des Moines, IA and has some 2,143 employees. Its CEO is Bruce G. Kelley.
For a complete fundamental analysis analysis of EMC Insurance Group Inc., check out Equities.com’s Stock Valuation Analysis report for EMCI. 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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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