Matador Resources (MTDR) was among the biggest gainers on the Russell 2000 for Thursday January 28 as the stock popped 9.92% to $15.29, representing a gain of $1.38 per share. Some 1.52 million shares traded hands on 15,870 trades, compared with an average daily volume of 1.53 million shares out of a total float of 85.56 million. The stock opened at $14.87 and traded with an intraday range of $15.65 to $14.73.
After today's gains, Matador Resources reached a market cap of $1.31 billion. Matador Resources has had a trading range between $29.90 and $11.13 over the last year, and it had a 50-day SMA of $20.18 and a 200-day SMA of $23.47.
Matador Resources Co is an independent energy company, engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States.
Matador Resources is based out of Dallas, TX and has some 99 employees. Its CEO is Joseph Wm. Foran.
For a complete fundamental analysis analysis of Matador Resources, check out Equities.com’s Stock Valuation Analysis report for MTDR. 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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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