Ferro Corp. (FOE) was one of the Russell 2000's biggest losers for Tuesday January 19 as the stock slid 7.26% to $8.81, a loss of $-0.69 per share. Starting at an opening price of $9.56 a share, the stock traded between $8.71 and $9.62 over the course of the trading day. Volume was 523,485 shares over 3,626 trades, against an average daily volume of 695,591 shares and a total float of 86.7 million.
The losses send Ferro Corp. down to a market cap of $763.82 million. In the last year, Ferro Corp. has traded between $17.09 and $9.36, and its 50-day SMA is currently $11.20 and 200-day SMA is $13.12.
The stock has a P/E Ratio of 31.7.
Ferro Corp is a producer of specialty materials and chemicals that are sold to the manufacturers who, in turn, make products for many end-use markets. It offers electronic materials, color and glass performance materials, pigments, powders & oxides.
Ferro Corp. is based out of Mayfield Heights, OH and has some 3,979 employees. Its CEO is Peter T. Thomas.
For a complete fundamental analysis analysis of Ferro Corp., check out Equities.com’s Stock Valuation Analysis report for FOE. 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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