John Bean Technologies Corp (JBT) Drops 6.75% on February 01

Equities Staff |

John Bean Technologies Corp (JBT) was one of the Russell 2000's biggest losers for Monday February 01 as the stock slid 6.75% to $42.72, a loss of $-3.09 per share. Starting at an opening price of $45.43 a share, the stock traded between $42.55 and $45.43 over the course of the trading day. Volume was 103,319 shares over 1,209 trades, against an average daily volume of 169,070 shares and a total float of 29.14 million.

The losses send John Bean Technologies Corp down to a market cap of $1.24 billion. In the last year, John Bean Technologies Corp has traded between $51.34 and $30.03, and its 50-day SMA is currently $47.09 and 200-day SMA is $40.10.

The stock has a P/E Ratio of 25.8.

John Bean Technologies Corp is a technology solutions provider for food processing and air transportation industries. The Company designs, manufactures, tests and services technologically sophisticated systems and products for customers.

John Bean Technologies Corp is based out of Chicago, IL and has some 3,500 employees. Its CEO is Thomas W. Giacomini.

For a complete fundamental analysis analysis of John Bean Technologies Corp, check out Equities.com’s Stock Valuation Analysis report for JBT. 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

Altair Resources Inc.

Altair Resources Inc, formerly Altair Gold Inc acquires, explores and develops mineral properties in Canada. The Company is in the process of exploring its mineral properties.

Private Markets

Trustify

Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…

Dropbox, Inc.

Dropbox is a service that allows their users to bring all photos, docs, and videos anywhere, and share them easily. Any file saved to Dropbox will automatically save to all…