Forestar Group (FOR) was one of the Russell 2000's biggest losers for Monday January 18 as the stock slid 5.91% to $8.75, a loss of $-0.55 per share. Starting at an opening price of $9.01 a share, the stock traded between $8.60 and $9.06 over the course of the trading day. Volume was 307,974 shares over 1,972 trades, against an average daily volume of 284,051 shares and a total float of 33.62 million.
The losses send Forestar Group down to a market cap of $294.14 million. In the last year, Forestar Group has traded between $16.35 and $8.60, and its 50-day SMA is currently $11.85 and 200-day SMA is $13.25.
Forestar Group Inc is a real estate and oil and gas company. The Company owns 113,000 acres of real estate including about 102,000 acres with timber. It also has 960,000 net acres of oil and gas mineral interests in the continental U.S.
Forestar Group is based out of Austin, TX and has some 150 employees. Its CEO is Phillip J. Weber.
For a complete fundamental analysis analysis of Forestar Group, check out Equities.com’s Stock Valuation Analysis report for FOR. 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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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