Farmland Partners Inc. (FPI) Soars 1.21% on June 23

Equities Staff  |

Farmland Partners Inc. (FPI) had a good day on the market for Tuesday June 23 as shares jumped 1.21% to close at $6.69. About 118,331 shares traded hands on 979 trades for the day, compared with an average daily volume of n/a shares out of a total float of 35.79 million. After opening the trading day at $6.66, shares of Farmland Partners Inc. stayed within a range of $6.70 to $6.51.

With today's gains, Farmland Partners Inc. now has a market cap of $239.44 million. Shares of Farmland Partners Inc. have been trading within a range of $7.50 and $5.06 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company and owns and contracts of farmland and storage facilities located across the United States. Its properties are farmed by over 100 tenants growing more than 20 commercial crops. Farmland Partners generates its revenues through the rent it receives from its tenants.

Farmland Partners Inc. is based out of Denver, CO and has some 13 employees. Its CEO is Paul A. Pittman.

For a complete fundamental analysis of Farmland Partners Inc., check out Equities.com’s Stock Valuation Analysis report for FPI.

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Farmland Partners Inc. is also a component of the Russell 2000. 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.

To get more information on Farmland Partners Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FPI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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