Endocyte Inc. (ECYT) Jumps 13.79% on January 21

Equities Staff |

Endocyte Inc. (ECYT) was among the biggest gainers on the Russell 2000 for Thursday January 21 as the stock popped 13.79% to $3.33, representing a gain of $0.4039 per share. Some 515,425 shares traded hands on 2,256 trades, compared with an average daily volume of 271,177 shares out of a total float of 41.98 million. The stock opened at $3.31 and traded with an intraday range of $3.50 to $3.15.

After today's gains, Endocyte Inc. reached a market cap of $139.94 million. Endocyte Inc. has had a trading range between $6.76 and $2.65 over the last year, and it had a 50-day SMA of $4.18 and a 200-day SMA of $5.15.

Endocyte Inc is a biopharmaceutical company. The Company is engaged in developing targeted therapies for the treatment of cancer and inflammatory diseases.

Endocyte Inc. is based out of West Lafayette, IN and has some 81 employees. Its CEO is P. Ellis.

For a complete fundamental analysis analysis of Endocyte Inc., check out Equities.com’s Stock Valuation Analysis report for ECYT. 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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