Independent Bank Group Inc. (IBTX) was among the biggest gainers on the Russell 2000 for Thursday January 28 as the stock popped 16.74% to $32.98, representing a gain of $4.73 per share. Some 128,107 shares traded hands on 1,218 trades, compared with an average daily volume of 59,244 shares out of a total float of 17.11 million. The stock opened at $29.62 and traded with an intraday range of $34.95 to $29.62.
After today's gains, Independent Bank Group Inc. reached a market cap of $564.2 million. Independent Bank Group Inc. has had a trading range between $46.66 and $27.29 over the last year, and it had a 50-day SMA of $34.10 and a 200-day SMA of $39.44.
The stock has a P/E Ratio of 12.5.
Independent Bank Group Inc is a bank holding company. The Company, through its subsidiary provides commercial banking products and services to businesses, professionals and individuals.
Independent Bank Group Inc. is based out of McKinney, TX and has some 511 employees. Its CEO is James D. Stein / David R. Brooks.
For a complete fundamental analysis analysis of Independent Bank Group Inc., check out Equities.com’s Stock Valuation Analysis report for IBTX. 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.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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