Federal-Mogul Holdings Corp (FDML) Jumps 10.87% on January 20

Equities Staff |

Federal-Mogul Holdings Corp (FDML) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 10.87% to $4.59, representing a gain of $0.45 per share. Some 197,900 shares traded hands on 1,756 trades, compared with an average daily volume of 231,453 shares out of a total float of 169.04 million. The stock opened at $4.04 and traded with an intraday range of $4.60 to $4.04.

After today's gains, Federal-Mogul Holdings Corp reached a market cap of $775.9 million. Federal-Mogul Holdings Corp has had a trading range between $15.87 and $4.07 over the last year, and it had a 50-day SMA of $7.02 and a 200-day SMA of $9.61.

Federal-Mogul Holdings Corp is a supplier of vehicle and industrial products for fuel economy, emissions reduction and safety systems. It offers original equipment products and braking, chassis, wipers and other vehicle components.

Federal-Mogul Holdings Corp is based out of Southfield, MI and has some 48,600 employees. Its CEO is Rainer Jueckstock / Daniel A. Ninivaggi.

For a complete fundamental analysis analysis of Federal-Mogul Holdings Corp, check out Equities.com’s Stock Valuation Analysis report for FDML. 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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