Famous Dave's of America Inc. (DAVE) Jumps 7.18% on February 17

Equities Staff |

Famous Dave's of America Inc. (DAVE) was among the biggest gainers on the Russell 2000 for Wednesday February 17 as the stock popped 7.18% to $6.12, representing a gain of $0.41 per share. Some 21,950 shares traded hands on 137 trades, compared with an average daily volume of 76,460 shares out of a total float of 6.96 million. The stock opened at $5.90 and traded with an intraday range of $6.17 to $5.90.

After today's gains, Famous Dave's of America Inc. reached a market cap of $42.58 million. Famous Dave's of America Inc. has had a trading range between $34.72 and $5.27 over the last year, and it had a 50-day SMA of $6.56 and a 200-day SMA of $13.69.

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.

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