Information Services Group Inc (III) Drops 5.87% on January 15

Equities Staff |

Information Services Group Inc (III) was one of the Russell 2000's biggest losers for Friday January 15 as the stock slid 5.87% to $2.89, a loss of $-0.1801 per share. Starting at an opening price of $3.03 a share, the stock traded between $2.88 and $3.03 over the course of the trading day. Volume was 40,000 shares over 171 trades, against an average daily volume of 38,017 shares and a total float of 37.18 million.

The losses send Information Services Group Inc down to a market cap of $107.45 million. In the last year, Information Services Group Inc has traded between $4.97 and $3.04, and its 50-day SMA is currently $3.53 and 200-day SMA is $3.97.

The stock has a P/E Ratio of 27.9.

Information Services Group Inc provides research, benchmarking, consulting and managed services with respect to information technology, business process transformation, program management services and enterprise resource planning.

Information Services Group Inc is based out of Stamford, CT and has some 900 employees. Its CEO is Michael P. Connors.

For a complete fundamental analysis analysis of Information Services Group Inc, check out Equities.com’s Stock Valuation Analysis report for III. 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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