Kemet Corp. (KEM) Drops 7.49% on January 13

Equities Staff |

Kemet Corp. (KEM) was one of the Russell 2000's biggest losers for Wednesday January 13 as the stock slid 7.49% to $1.62, a loss of $-0.131 per share. Starting at an opening price of $1.76 a share, the stock traded between $1.60 and $1.83 over the course of the trading day. Volume was 229,847 shares over 800 trades, against an average daily volume of 187,342 shares and a total float of 45.78 million.

The losses send Kemet Corp. down to a market cap of $74.11 million. In the last year, Kemet Corp. has traded between $4.62 and $1.48, and its 50-day SMA is currently $2.67 and 200-day SMA is $2.78.

Kemet Corp is a manufacturer of capacitors. Its product offerings include tantalum, multilayer ceramic, solid & electrolytic aluminum and film & paper capacitors.

Kemet Corp. is based out of Simpsonville, SC and has some 9,300 employees. Its CEO is Per-Olof Loof.

For a complete fundamental analysis analysis of Kemet Corp., check out Equities.com’s Stock Valuation Analysis report for KEM. 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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