Kemet Corp. (KEM) was among the biggest gainers on the Russell 2000 for Monday February 22 as the stock popped 5.33% to $1.58, representing a gain of $0.08 per share. Some 59,867 shares traded hands on 236 trades, compared with an average daily volume of 178,440 shares out of a total float of 45.86 million. The stock opened at $1.57 and traded with an intraday range of $1.59 to $1.57.
After today's gains, Kemet Corp. reached a market cap of $72.46 million. Kemet Corp. has had a trading range between $4.62 and $1.26 over the last year, and it had a 50-day SMA of $1.97 and a 200-day SMA of $2.41.
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 8,800 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.
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