Heron Therapeutics Inc (HRTX) Drops 8.22% on January 28

Equities Staff |

Heron Therapeutics Inc (HRTX) was one of the Russell 2000's biggest losers for Thursday January 28 as the stock slid 8.22% to $20.89, a loss of $-1.87 per share. Starting at an opening price of $23.38 a share, the stock traded between $20.37 and $23.49 over the course of the trading day. Volume was 460,520 shares over 4,659 trades, against an average daily volume of 1.12 million shares and a total float of 35.97 million.

The losses send Heron Therapeutics Inc down to a market cap of $751.43 million. In the last year, Heron Therapeutics Inc has traded between $42.25 and $7.86, and its 50-day SMA is currently $26.20 and 200-day SMA is $26.55.

Heron Therapeutics Inc is a biotechnology company, developing products to address unmet medical needs. Its proprietary Biochronomer polymer-based drug delivery platform is designed to improve the therapeutic profile of injectable pharmaceuticals.

Heron Therapeutics Inc is based out of Redwood City, CA and has some 59 employees. Its CEO is Barry D. Quart.

For a complete fundamental analysis analysis of Heron Therapeutics Inc, check out Equities.com’s Stock Valuation Analysis report for HRTX. 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

H-Source Holdings Ltd.

H-Source Holdings Inc. is a technology company operating within the healthcare industry through its subsidiary, H-Source, Inc. The Company has developed a transaction platform that provides a private, secure and…

Private Markets

Almond Smart Home Router by Securifi

Securifi sells user friendly touch screen routers that also have support for IoT/home automation.Securifi’s Almond revolutionized wireless router setup with its easy to use Touchscreen Interface in 2012. Now our…

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.…