Guidewire Software (GWRE) Drops 11.23% on February 08

Equities Staff |

Guidewire Software (GWRE) was one of the Russell 2000's biggest losers for Monday February 08 as the stock slid 11.23% to $43.25, a loss of $-5.47 per share. Starting at an opening price of $46.81 a share, the stock traded between $42.41 and $46.90 over the course of the trading day. Volume was 1.15 million shares over 7,356 trades, against an average daily volume of 414,365 shares and a total float of 71.49 million.

The losses send Guidewire Software down to a market cap of $3.09 billion. In the last year, Guidewire Software has traded between $64.78 and $45.30, and its 50-day SMA is currently $57.54 and 200-day SMA is $55.12.

The stock has a P/E Ratio of 304.5.

Guidewire Software Inc is a provider of software products for property & casualty insurers. It provides Internet-based software platforms for core insurance operations, including underwriting and policy administration, claim management and billing.

Guidewire Software is based out of Foster City, CA and has some 1,341 employees. Its CEO is Marcus S. Ryu.

For a complete fundamental analysis analysis of Guidewire Software, check out Equities.com’s Stock Valuation Analysis report for GWRE. 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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