K12 Inc. (LRN) Jumps 7.24% on January 14

Equities Staff |

K12 Inc. (LRN) was among the biggest gainers on the Russell 2000 for Thursday January 14 as the stock popped 7.24% to $7.85, representing a gain of $0.53 per share. Some 102,048 shares traded hands on 1,008 trades, compared with an average daily volume of 212,214 shares out of a total float of 38.94 million. The stock opened at $7.31 and traded with an intraday range of $7.86 to $7.18.

After today's gains, K12 Inc. reached a market cap of $305.68 million. K12 Inc. has had a trading range between $17.71 and $7.20 over the last year, and it had a 50-day SMA of $9.36 and a 200-day SMA of $12.79.

The stock has a P/E Ratio of 62.2.

K12 Inc is a technology-based education company. It offers proprietary curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade or K-12.

K12 Inc. is based out of Herndon, VA and has some 4,800 employees. Its CEO is Nathaniel A. Davis.

For a complete fundamental analysis analysis of K12 Inc., check out Equities.com’s Stock Valuation Analysis report for LRN. 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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