ERA Group Inc. (ERA) Jumps 7.14% on December 23

Equities Staff |

ERA Group Inc. (ERA) was among the biggest gainers on the Russell 2000 for Wednesday December 23 as the stock popped 7.14% to $11.55, representing a gain of $0.77 per share. Some 111,659 shares traded hands on 1,050 trades, compared with an average daily volume of 183,128 shares out of a total float of 20.5 million. The stock opened at $11.35 and traded with an intraday range of $12.05 to $11.24.

After today's gains, ERA Group Inc. reached a market cap of $236.76 million. ERA Group Inc. has had a trading range between $24.60 and $9.09 over the last year, and it had a 50-day SMA of $12.54 and a 200-day SMA of $17.68.

The stock has a P/E Ratio of 14.4.

Era Group Inc is a helicopter operator and the longest serving helicopter transport operator in the United States, which is its primary area of operations. It operates three classes of helicopters: Heavy, Medium and Light helicopters.

ERA Group Inc. is based out of Houston, TX and has some 777 employees. Its CEO is Christopher S. Bradshaw.

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