Farmer Brothers Company (FARM) was among the biggest gainers on the Russell 2000 for Monday February 08 as the stock popped 6.99% to $26.18, representing a gain of $1.71 per share. Some 52,548 shares traded hands on 507 trades, compared with an average daily volume of 47,933 shares out of a total float of 16.68 million. The stock opened at $24.54 and traded with an intraday range of $26.36 to $24.22.
After today's gains, Farmer Brothers Company reached a market cap of $436.58 million. Farmer Brothers Company has had a trading range between $32.94 and $20.90 over the last year, and it had a 50-day SMA of $29.50 and a 200-day SMA of $26.38.
Farmer Bros Co is engaged in roasting, packaging and distribution of coffee, tea and culinary products to restaurant chains, hotels, casinos, hospitals, food service providers, convenience stores and gourmet coffee houses.
Farmer Brothers Company is based out of Torrance, CA and has some 1,784 employees. Its CEO is Michael H. Keown.
For a complete fundamental analysis analysis of Farmer Brothers Company, check out Equities.com’s Stock Valuation Analysis report for FARM. 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.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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