Exar Corp. (EXAR) Drops 5.06% on February 02

Equities Staff |

Exar Corp. (EXAR) was one of the Russell 2000's biggest losers for Tuesday February 02 as the stock slid 5.06% to $5.25, a loss of $-0.28 per share. Starting at an opening price of $5.46 a share, the stock traded between $5.21 and $5.46 over the course of the trading day. Volume was 54,338 shares over 443 trades, against an average daily volume of 328,319 shares and a total float of 48.42 million.

The losses send Exar Corp. down to a market cap of $254.18 million. In the last year, Exar Corp. has traded between $11.14 and $4.88, and its 50-day SMA is currently $5.95 and 200-day SMA is $7.48.

Exar Corp designs, develops and markets high performance analog mixed-signal integrated circuits (ICs) and advanced sub-system solutions for the Industrial and Embedded Systems, High-End Consumer and Infrastructure markets.

Exar Corp. is based out of Fremont, CA and has some 327 employees. Its CEO is Richard L. Leza.

For a complete fundamental analysis analysis of Exar Corp., check out Equities.com’s Stock Valuation Analysis report for EXAR. 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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