Marrone Bio Innovations Inc (MBII) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 5.26% to $0.80, representing a gain of $0.04 per share. Some 8,666 shares traded hands on 42 trades, compared with an average daily volume of 37,066 shares out of a total float of 24.46 million. The stock opened at $0.75 and traded with an intraday range of $0.80 to $0.62.
After today's gains, Marrone Bio Innovations Inc reached a market cap of $19.57 million. Marrone Bio Innovations Inc has had a trading range between $4.43 and $0.65 over the last year, and it had a 50-day SMA of $1.54 and a 200-day SMA of $2.21.
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.
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