Fairway Group Holdings Corp. (FWM) Drops 11.48% on January 15

Equities Staff |

Fairway Group Holdings Corp. (FWM) was one of the Russell 2000's biggest losers for Friday January 15 as the stock slid 11.48% to $0.54, a loss of $-0.07 per share. Starting at an opening price of $0.59 a share, the stock traded between $0.52 and $0.60 over the course of the trading day. Volume was 176,703 shares over 323 trades, against an average daily volume of 273,723 shares and a total float of 44.1 million.

The losses send Fairway Group Holdings Corp. down to a market cap of $23.81 million. In the last year, Fairway Group Holdings Corp. has traded between $7.81 and $0.59, and its 50-day SMA is currently $0.84 and 200-day SMA is $2.73.

Fairway Group Holdings Corp along with its subsidiaries operates in the retail food industry. The Company sells fresh, natural and organic products, prepared foods and hard to find specialty and gourmet offerings.

Fairway Group Holdings Corp. is based out of New York, NY and has some 4,300 employees. Its CEO is John E. Murphy.

For a complete fundamental analysis analysis of Fairway Group Holdings Corp., check out Equities.com’s Stock Valuation Analysis report for FWM. 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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Veritas Pharma Inc.

Veritas Pharma Inc, formerly Seashore Organic Medicine Inc is an emerging producer and distributor of medical marijuana.

Private Markets

Initial State

Initial State is an Internet of Things (IoT) data analytics & data management platform company. We turn sensor and event data into information that matters by making it easy to…

XY Find It

Founded by serial entrepreneur Arie Trouw, XY Findables follows a single guiding principle: customers should never lose anything important again. With over 50,000 users around the world, more than 100,000…