Global Sources Ltd. (GSOL) Drops 15.66% on December 30

Equities Staff |

Global Sources Ltd. (GSOL) was one of the Russell 2000's biggest losers for Wednesday December 30 as the stock slid 15.66% to $6.57, a loss of $-1.22 per share. Starting at an opening price of $7.66 a share, the stock traded between $6.57 and $7.69 over the course of the trading day. Volume was 37,211 shares over 244 trades, against an average daily volume of 22,143 shares and a total float of 23.6 million.

The losses send Global Sources Ltd. down to a market cap of $155.03 million. In the last year, Global Sources Ltd. has traded between $9.75 and $5.07, and its 50-day SMA is currently $8.71 and 200-day SMA is $7.35.

The stock has a P/E Ratio of 13.9.

Global Sources Ltd is a business-to-business media company that provides information and integrated marketing services with online, trade publications, trade shows, advertising and creative well as sourcing reports.

Global Sources Ltd. is based out of Hamilton, and has some 505 employees. Its CEO is Spenser Au.

For a complete fundamental analysis analysis of Global Sources Ltd., check out’s Stock Valuation Analysis report for GSOL. To see the latest independent stock recommendations from’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 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 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:


Emerging Growth

Radient Technologies Inc.

Radient Technologies Inc is engaged in research, development and commercialization of environmentally responsible technology for the extraction, isolation and purification of soluble products from a wide range of materials using…

Private Markets

The Green Organic Dutchman

The Green Organic Dutchman Ltd. ("TGOD") produces farm grown, organic cannabis for medical use. The company grows its high quality organic cannabis in small batches using craft growing, all natural…

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.