Ferro Corp. (FOE) Jumps 7.48% on February 10

Equities Staff  |

Ferro Corp. (FOE) was among the biggest gainers on the Russell 2000 for Wednesday February 10 as the stock popped 7.48% to $9.27, representing a gain of $0.645 per share. Some 906,801 shares traded hands on 5,259 trades, compared with an average daily volume of 676,510 shares out of a total float of 86.7 million. The stock opened at $8.97 and traded with an intraday range of $9.62 to $8.95.

After today's gains, Ferro Corp. reached a market cap of $803.27 million. Ferro Corp. has had a trading range between $17.09 and $8.47 over the last year, and it had a 50-day SMA of $10.33 and a 200-day SMA of $12.82.

The stock has a P/E Ratio of 28.7.

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 .

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.

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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