GenMark Diagnostics Inc. (GNMK) Drops 6.13% on January 28

Equities Staff |

GenMark Diagnostics Inc. (GNMK) was one of the Russell 2000's biggest losers for Thursday January 28 as the stock slid 6.13% to $5.29, a loss of $-0.345 per share. Starting at an opening price of $5.66 a share, the stock traded between $5.28 and $5.78 over the course of the trading day. Volume was 198,429 shares over 1,536 trades, against an average daily volume of 320,158 shares and a total float of 42.44 million.

The losses send GenMark Diagnostics Inc. down to a market cap of $224.31 million. In the last year, GenMark Diagnostics Inc. has traded between $14.11 and $4.63, and its 50-day SMA is currently $7.31 and 200-day SMA is $8.69.

GenMark Diagnostics Inc is a molecular diagnostics company. The Company develops and commercializes its proprietary eSensor detection technology for the support of instruments and molecular tests.

GenMark Diagnostics Inc. is based out of Carlsbad, CA and has some 195 employees. Its CEO is Hany Massarany.

For a complete fundamental analysis analysis of GenMark Diagnostics Inc., check out Equities.com’s Stock Valuation Analysis report for GNMK. 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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

CMX Gold & Silver Corp.

CMX Gold & Silver Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and development of silver and copper/gold properties in the USA.

Private Markets

Lyft

Lyft matches drivers using their own personal vehicles with passengers who request rides through the smartphone app, and the passengers pay automatically through the app. When using Lyft, passengers have…

Cross Campus

With over 500 members and operating 80,000 square feet by summer 2016, Cross Campus is one of the country’s top ten shared, collaborative office or "coworking" operators in the US.…