McDermott International Inc. (MDR) was among the biggest gainers on the Russell 2000 for Thursday January 21 as the stock popped 9.53% to $2.59, representing a gain of $0.225 per share. Some 3.86 million shares traded hands on 12,960 trades, compared with an average daily volume of 3.74 million shares out of a total float of 238.97 million. The stock opened at $2.35 and traded with an intraday range of $2.62 to $2.34.
After today's gains, McDermott International Inc. reached a market cap of $617.74 million. McDermott International Inc. has had a trading range between $6.00 and $2.10 over the last year, and it had a 50-day SMA of $3.89 and a 200-day SMA of $4.67.
The stock has a P/E Ratio of 33.7.
McDermott International Inc is an engineering, procurement, construction and installation company engaged in designing and executing complex offshore oil and gas projects.
McDermott International Inc. is based out of Houston, TX and has some 13,800 employees. Its CEO is David Dickson.
For a complete fundamental analysis analysis of McDermott International Inc., check out Equities.com’s Stock Valuation Analysis report for MDR. 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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