Kindred Biosciences Inc (KIN) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 6.02% to $3.70, representing a gain of $0.21 per share. Some 8,511 shares traded hands on 68 trades, compared with an average daily volume of 87,497 shares out of a total float of 19.81 million. The stock opened at $3.51 and traded with an intraday range of $3.78 to $3.50.
After today's gains, Kindred Biosciences Inc reached a market cap of $73.29 million. Kindred Biosciences Inc has had a trading range between $7.91 and $2.90 over the last year, and it had a 50-day SMA of $3.49 and a 200-day SMA of $5.47.
Kindred Biosciences Inc is a development-stage biopharmaceutical company focused on saving and improving the lives of pets. The Company's product candidates are SentiKind, KIND-010 and KIND-012.
Kindred Biosciences Inc is based out of Burlingame, CA and has some 43 employees. Its CEO is Richard Chin.
For a complete fundamental analysis analysis of Kindred Biosciences Inc, check out Equities.com’s Stock Valuation Analysis report for KIN. 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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