Horsehead Holding Corp (ZINC) Drops 53.67% on February 02

Equities Staff |

Horsehead Holding Corp (ZINC) was one of the Russell 2000's biggest losers for Tuesday February 02 as the stock slid 53.67% to $0.12, a loss of $-0.1332 per share. Starting at an opening price of $0.13 a share, the stock traded between $0.11 and $0.17 over the course of the trading day. Volume was 10.82 million shares over 11,976 trades, against an average daily volume of 2.52 million shares and a total float of 57.94 million.

The losses send Horsehead Holding Corp down to a market cap of $6.66 million. In the last year, Horsehead Holding Corp has traded between $15.18 and $0.20, and its 50-day SMA is currently $1.63 and 200-day SMA is $6.79.

Horsehead Holding Corp is a producer of zinc and nickel-based products. It is also the recycler of electric arc furnace dust in the United States and a recycler of hazardous and non-hazardous waste for the specialty steel industry.

Horsehead Holding Corp is based out of Pittsburgh, PA and has some 747 employees. Its CEO is James M. Hensler.

For a complete fundamental analysis analysis of Horsehead Holding Corp, check out Equities.com’s Stock Valuation Analysis report for ZINC. 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

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