Insys Therapeutics Inc (INSY) was one of the Russell 2000's biggest losers for Tuesday January 19 as the stock slid 10.37% to $20.74, a loss of $-2.4 per share. Starting at an opening price of $23.25 a share, the stock traded between $20.74 and $24.37 over the course of the trading day. Volume was 823,544 shares over 7,705 trades, against an average daily volume of 907,311 shares and a total float of 72.03 million.
The losses send Insys Therapeutics Inc down to a market cap of $1.49 billion. In the last year, Insys Therapeutics Inc has traded between $46.17 and $20.15, and its 50-day SMA is currently $28.22 and 200-day SMA is $31.60.
The stock has a P/E Ratio of 34.3.
Insys Therapeutics Inc is a commercial-stage specialty pharmaceutical company that develops and commercializes innovative supportive care products. Its two marketed products include Subsys and Dronabinol SG Capsule.
Insys Therapeutics Inc is based out of Chandler, AZ and has some 382 employees. Its CEO is Michael L. Babich.
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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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