Mattress Firm Holding Corp. (MFRM) Drops 6.87% on January 28

Equities Staff |

Mattress Firm Holding Corp. (MFRM) was one of the Russell 2000's biggest losers for Thursday January 28 as the stock slid 6.87% to $35.59, a loss of $-2.625 per share. Starting at an opening price of $38.73 a share, the stock traded between $35.53 and $38.73 over the course of the trading day. Volume was 285,961 shares over 3,871 trades, against an average daily volume of 396,450 shares and a total float of 35.27 million.

The losses send Mattress Firm Holding Corp. down to a market cap of $1.26 billion. In the last year, Mattress Firm Holding Corp. has traded between $70.42 and $37.14, and its 50-day SMA is currently $45.33 and 200-day SMA is $52.78.

The stock has a P/E Ratio of 23.6.

Mattress Firm Holding Corp is engaged in retail sale of mattresses and bedding-related products in various metropolitan areas in the United States through company-operated and franchisee-operated mattress specialty stores.

Mattress Firm Holding Corp. is based out of Houston, TX and has some 6,900 employees. Its CEO is R. Stephen Stagner.

For a complete fundamental analysis analysis of Mattress Firm Holding Corp., check out Equities.com’s Stock Valuation Analysis report for MFRM. 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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