Kraton Corporation (KRA) Soars 3.42% on February 24

Equities Staff  |

Kraton Corporation (KRA) had a good day on the market for Wednesday February 24 as shares jumped 3.42% to close at $44.49. About 259,338 shares traded hands on 3,351 trades for the day, compared with an average daily volume of n/a shares out of a total float of 31.87 million. After opening the trading day at $43.38, shares of Kraton Corporation stayed within a range of $45.89 to $42.37.

With today's gains, Kraton Corporation now has a market cap of $1.42 billion. Shares of Kraton Corporation have been trading within a range of $43.73 and $4.45 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Kraton Performance Polymers Inc manufactures and sells a variety of chemicals and polymers. The company's product portfolio is composed primarily of three product types: performance products, specialty polymers, and cariflex. Performance products, which generate the majority of revenue, include asphalt used to produce pavement, roofing shingles, personal care products, and packaging adhesives. Specialty polymers include lubricant additives, sealants, and thermoplastic polyolefins. Cariflex products include surgical gloves and catheters. Its polymer segment is comprised of SBCs and other engineered polymers business. The chemical segment is comprised of pine-based specialty products business.

Kraton Corporation is based out of Houston, TX and has some 1,944 employees. Its CEO is Kevin M. Fogarty.

For a complete fundamental analysis of Kraton Corporation, check out Equities.com’s Stock Valuation Analysis report for KRA.

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Kraton Corporation is also a component of the Russell 2000. 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.

To get more information on Kraton Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: KRA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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