Lifetime Brands Inc. (LCUT) Plunges 5.51% on March 11

Equities Staff  |

Lifetime Brands Inc. (LCUT) had a rough trading day for Monday March 11 as shares tumbled 5.51%, or a loss of $-0.53 per share, to close at $9.09. After opening the day at $9.61, shares of Lifetime Brands Inc. traded as high as $9.82 and as low as $9.00. Volume was 29,941 shares over 316 trades, against an average daily volume of n/a shares and a total float of 20.76 million.

As a result of the decline, Lifetime Brands Inc. now has a market cap of $188.73 million. In the last year, shares of Lifetime Brands Inc. have traded between a range of $14.62 and $8.01, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

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

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Lifetime Brands Inc is a US based company. It designs, sources and sells branded kitchenware, tableware and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware and glassware. The company has three operating segments including U.S Wholesale, International, and Retail Direct. A major part of its sales comes from U.S Wholesale.

Lifetime Brands Inc. is based out of Garden City, NY and has some 1,403 employees. Its CEO is Robert B. Kay.

Lifetime Brands Inc. is 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 Lifetime Brands Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: LCUT’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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