Maxwell Technologies Inc. (MXWL) Drops 15.02% on February 17

Equities Staff  |

Maxwell Technologies Inc. (MXWL) was one of the Russell 2000's biggest losers for Wednesday February 17 as the stock slid 15.02% to $5.26, a loss of $-0.93 per share. Starting at an opening price of $5.61 a share, the stock traded between $5.15 and $5.66 over the course of the trading day. Volume was 924,413 shares over 5,103 trades, against an average daily volume of 238,470 shares and a total float of 31.79 million.

The losses send Maxwell Technologies Inc. down to a market cap of $167.23 million. In the last year, Maxwell Technologies Inc. has traded between $8.49 and $4.06, and its 50-day SMA is currently $6.66 and 200-day SMA is $5.86.

Maxwell Technologies Inc develops, manufactures and markets energy storage and power delivery products for transportation, industrial, information technology and other applications and microelectronic products for space and satellite applications.

Maxwell Technologies Inc. is based out of San Diego, CA and has some 510 employees. Its CEO is Franz J. Fink.

For a complete fundamental analysis analysis of Maxwell Technologies Inc., check out Equities.com’s Stock Valuation Analysis report for MXWL. 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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