Glori Energy Inc (GLRI) Jumps 5.94% on February 12

Equities Staff |

Glori Energy Inc (GLRI) was among the biggest gainers on the Russell 2000 for Friday February 12 as the stock popped 5.94% to $0.18, representing a gain of $0.0101 per share. Some 7,402 shares traded hands on 35 trades, compared with an average daily volume of 39,589 shares out of a total float of 31.86 million. The stock opened at $0.18 and traded with an intraday range of $0.21 to $0.13.

After today's gains, Glori Energy Inc reached a market cap of $5.74 million. Glori Energy Inc has had a trading range between $3.87 and $0.13 over the last year, and it had a 50-day SMA of $0.39 and a 200-day SMA of $1.07.

Glori Energy Inc is an energy technology company. The Company applies its proprietary AERO System for increasing oil recovery from reservoirs. It also owns and operates oilfields.

Glori Energy Inc is based out of Houston, TX and has some 42 employees. Its CEO is Stuart M. Page.

For a complete fundamental analysis analysis of Glori Energy Inc, check out Equities.com’s Stock Valuation Analysis report for GLRI. 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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