Intevac Inc. (IVAC) Jumps 5.79% on December 22

Equities Staff |

Intevac Inc. (IVAC) was among the biggest gainers on the Russell 2000 for Tuesday December 22 as the stock popped 5.79% to $4.75, representing a gain of $0.26 per share. Some 16,558 shares traded hands on 123 trades, compared with an average daily volume of 27,286 shares out of a total float of 21.85 million. The stock opened at $4.48 and traded with an intraday range of $4.81 to $4.48.

After today's gains, Intevac Inc. reached a market cap of $103.78 million. Intevac Inc. has had a trading range between $8.30 and $4.28 over the last year, and it had a 50-day SMA of $5.00 and a 200-day SMA of $5.30.

Intevac Inc provides process manufacturing equipment solutions to the hard disk drive industry. It also offers high-productivity, thin-film processing systems to the PV industry and to adjacent markets for thin-film deposition applications.

Intevac Inc. is based out of Santa Clara, CA and has some 271 employees. Its CEO is Wendell T. Blonigan.

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

Veritas Pharma Inc.

Veritas Pharma Inc, formerly Seashore Organic Medicine Inc is an emerging producer and distributor of medical marijuana.

Private Markets

D-Wave

D-Wave Systems is the first quantum computing company. Its mission is to integrate new discoveries in physics, engineering, manufacturing, and computer science into breakthrough approaches to computation to help solve…

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.…