HC2 Holdings Inc. (HCHC) Soars 1.16% on January 15

Equities Staff  |

HC2 Holdings Inc. (HCHC) had a good day on the market for Friday January 15 as shares jumped 1.16% to close at $3.48. About 273,016 shares traded hands on 1,673 trades for the day, compared with an average daily volume of n/a shares out of a total float of 76.59 million. After opening the trading day at $3.42, shares of HC2 Holdings Inc. stayed within a range of $3.49 to $3.29.

With today's gains, HC2 Holdings Inc. now has a market cap of $266.52 million. Shares of HC2 Holdings Inc. have been trading within a range of $4.33 and $1.29 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

HC2 Holdings Inc operates as a diversified holding company engaged in seeking opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. It has eight reportable segments; Construction, Marine Services, Energy, Telecommunications, Insurance, Life Sciences, Broadcasting, and Other. It derives a majority of the revenue from the Telecommunications segment which comprises PTGi International Carrier Services, which operates an extensive network of direct routes and offers premium voice communication services for carrying a mix of business, residential and carrier long-distance traffic, data and transit traffic.

HC2 Holdings Inc. is based out of New York, NY and has some 3,728 employees. Its CEO is Wayne Barr.

For a complete fundamental analysis of HC2 Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for HCHC.

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HC2 Holdings Inc. is also a component of the Russell 2000. 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.

To get more information on HC2 Holdings Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: HCHC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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