Marlin Business Services Corp (MRLN) was among the biggest gainers on the Russell 2000 for Friday January 29 as the stock popped 7.85% to $15.73, representing a gain of $1.145 per share. Some 16,769 shares traded hands on 149 trades, compared with an average daily volume of 30,408 shares out of a total float of 12.44 million. The stock opened at $14.66 and traded with an intraday range of $15.75 to $14.66.
After today's gains, Marlin Business Services Corp reached a market cap of $195.64 million. Marlin Business Services Corp has had a trading range between $21.55 and $12.62 over the last year, and it had a 50-day SMA of $16.16 and a 200-day SMA of $15.46.
The stock has a P/E Ratio of 10.6.
Marlin Business Services Corp is a provider of equipment financing solutions to small & mid-sized businesses customer, including copiers, computers & software, security systems, telecommunications equipment & certain commercial & industrial equipment.
Marlin Business Services Corp is based out of Mount Laurel, NJ and has some 285 employees. Its CEO is Edward John Siciliano.
For a complete fundamental analysis analysis of Marlin Business Services Corp, check out Equities.com’s Stock Valuation Analysis report for MRLN. 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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