Galena Biopharma Inc. (GALE) was among the biggest gainers on the Russell 2000 for Friday January 22 as the stock popped 8.08% to $0.82, representing a gain of $0.0616 per share. Some 1.6 million shares traded hands on 3,316 trades, compared with an average daily volume of 1.43 million shares out of a total float of 161.91 million. The stock opened at $0.80 and traded with an intraday range of $0.84 to $0.80.
After today's gains, Galena Biopharma Inc. reached a market cap of $133.44 million. Galena Biopharma Inc. has had a trading range between $2.39 and $0.66 over the last year, and it had a 50-day SMA of $1.35 and a 200-day SMA of $1.55.
Galena Biopharma Inc, is a biopharmaceutical company focused on developing and commercializing targeted oncology therapeutics that address medical needs across the full spectrum of cancer care.
Galena Biopharma Inc. is based out of Portland, OR and has some 57 employees. Its CEO is Mark W. Schwartz.
For a complete fundamental analysis analysis of Galena Biopharma Inc., check out Equities.com’s Stock Valuation Analysis report for GALE. 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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