Flexion Therapeutics Inc. (FLXN) Jumps 16.98% on February 17

Equities Staff |

Flexion Therapeutics Inc. (FLXN) was among the biggest gainers on the Russell 2000 for Wednesday February 17 as the stock popped 16.98% to $12.75, representing a gain of $1.8506 per share. Some 3.83 million shares traded hands on 11,989 trades, compared with an average daily volume of 171,742 shares out of a total float of 21.54 million. The stock opened at $13.00 and traded with an intraday range of $13.48 to $11.70.

After today's gains, Flexion Therapeutics Inc. reached a market cap of $274.64 million. Flexion Therapeutics Inc. has had a trading range between $30.37 and $10.46 over the last year, and it had a 50-day SMA of $16.56 and a 200-day SMA of $19.49.

Flexion Therapeutics Inc is a development stage specialty pharmaceutical company. The Company is engaged in the development and commercialization of novel, long-acting, injectable pain therapies including; anti-inflammatory and analgesic therapies.

Flexion Therapeutics Inc. is based out of Burlington, MA and has some 29 employees. Its CEO is Michael D. Clayman.

For a complete fundamental analysis analysis of Flexion Therapeutics Inc., check out Equities.com’s Stock Valuation Analysis report for FLXN. 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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