Masimo Corporation (MASI) Soars 1.2% on February 24

Equities Staff  |

Masimo Corporation (MASI) had a good day on the market for Wednesday February 24 as shares jumped 1.2% to close at $251.20. About 550,674 shares traded hands on 13,195 trades for the day, compared with an average daily volume of n/a shares out of a total float of 55.06 million. After opening the trading day at $244.87, shares of Masimo Corporation stayed within a range of $251.56 to $243.69.

With today's gains, Masimo Corporation now has a market cap of $13.83 billion. Shares of Masimo Corporation have been trading within a range of $284.86 and $143.90 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Masimo is an Irvine, California-based medical device business that focuses on noninvasive patient monitoring. It began by developing superior signal processing algorithms to measure blood oxygenation levels through pulse oximetry and has expanded this expertise into a wide range of measurements and applications. The company generates revenue globally, with the United States the largest market (68% of 2019 sales), followed by Europe, the Middle East, and Africa (20%), Asia and Australia (9%), and North and South America excluding the U.S. (3%).

Masimo Corporation is based out of Irvine, CA and has some 5,300 employees. Its CEO is Joseph E. Kiani.

For a complete fundamental analysis of Masimo Corporation, check out’s Stock Valuation Analysis report for MASI.

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Masimo 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 Masimo Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: MASI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’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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