Marrone Bio Innovations Inc (MBII) Drops 13.87% on December 30

Equities Staff |

Marrone Bio Innovations Inc (MBII) was one of the Russell 2000's biggest losers for Wednesday December 30 as the stock slid 13.87% to $1.03, a loss of $-0.165 per share. Starting at an opening price of $1.18 a share, the stock traded between $1.00 and $1.22 over the course of the trading day. Volume was 160,061 shares over 426 trades, against an average daily volume of 34,619 shares and a total float of 24.46 million.

The losses send Marrone Bio Innovations Inc down to a market cap of $25.08 million. In the last year, Marrone Bio Innovations Inc has traded between $5.01 and $1.03, and its 50-day SMA is currently $1.97 and 200-day SMA is $2.40.

Marrone Bio Innovations Inc is a producer of bio-based pest management and plant health products. The Company offers its products to the markets that use conventional chemical pesticides, including certain agricultural and water markets.

Marrone Bio Innovations Inc is based out of Davis, CA and has some 86 employees. Its CEO is Pamela G. Marrone.

For a complete fundamental analysis analysis of Marrone Bio Innovations Inc, check out Equities.com’s Stock Valuation Analysis report for MBII. 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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