Exactech Inc. (EXAC) Drops 11.01% on February 17

Equities Staff |

Exactech Inc. (EXAC) was one of the Russell 2000's biggest losers for Wednesday February 17 as the stock slid 11.01% to $17.58, a loss of $-2.175 per share. Starting at an opening price of $19.82 a share, the stock traded between $17.46 and $19.90 over the course of the trading day. Volume was 114,513 shares over 1,080 trades, against an average daily volume of 54,251 shares and a total float of 14.08 million.

The losses send Exactech Inc. down to a market cap of $247.42 million. In the last year, Exactech Inc. has traded between $26.20 and $16.11, and its 50-day SMA is currently $18.46 and 200-day SMA is $19.16.

The stock has a P/E Ratio of 17.8.

Exactech Inc develops, manufactures, markets, distributes and sells orthopaedic implant devices, related surgical instrumentation and biologic services to hospitals and physicians in the United States and internationally.

Exactech Inc. is based out of Gainesville, FL and has some 642 employees. Its CEO is David W. Petty.

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