Famous Dave's of America Inc. (DAVE) Drops 10.35% on January 05

Equities Staff |

Famous Dave's of America Inc. (DAVE) was one of the Russell 2000's biggest losers for Tuesday January 05 as the stock slid 10.35% to $6.15, a loss of $-0.71 per share. Starting at an opening price of $6.86 a share, the stock traded between $6.14 and $6.90 over the course of the trading day. Volume was 155,839 shares over 782 trades, against an average daily volume of 42,976 shares and a total float of 6.96 million.

The losses send Famous Dave's of America Inc. down to a market cap of $42.79 million. In the last year, Famous Dave's of America Inc. has traded between $34.72 and $6.70, and its 50-day SMA is currently $8.64 and 200-day SMA is $17.00.

Famous Dave's of America Inc develops, owns, and operates restaurants in the United States. The Company offers smoked, barbeque, grilled meat, and entrée items using prepared proprietary seasonings, sauces, and mixes.

Famous Dave's of America Inc. is based out of Minnetonka, MN and has some 2,438 employees. Its CEO is Adam Wright.

For a complete fundamental analysis analysis of Famous Dave's of America Inc., check out Equities.com’s Stock Valuation Analysis report for DAVE. 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

AfterMaster Inc

Studio One Media Inc is a diversified media and technology company. It is engaged in the development and commercialization of proprietary, edge audio and video technologies for professional and consumer…

Private Markets

Wealthfront

Wealthfront is an automated investment service that serves as an alternative to traditional financial advisory services. The company manages a diversified, continually rebalanced portfolio of index funds on their clients’…

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…