Mentor Graphics Corp (MENT) was among the biggest gainers on the Russell 2000 for Thursday January 14 as the stock popped 5.17% to $17.08, representing a gain of $0.84 per share. Some 662,653 shares traded hands on 5,809 trades, compared with an average daily volume of 1.35 million shares out of a total float of 117.48 million. The stock opened at $16.31 and traded with an intraday range of $17.12 to $16.11.
After today's gains, Mentor Graphics Corp reached a market cap of $2.01 billion. Mentor Graphics Corp has had a trading range between $28.09 and $16.10 over the last year, and it had a 50-day SMA of $20.63 and a 200-day SMA of $24.20.
The stock has a P/E Ratio of 13.3.
Mentor Graphics Corp is a supplier of electronic design automation systems. It provides software & hardware design solutions to communications, computer, consumer electronics, semiconductor, networking, military & aerospace, and transportation industries.
Mentor Graphics Corp is based out of Wilsonville, OR and has some 5,558 employees. Its CEO is Walden C. Rhines.
For a complete fundamental analysis analysis of Mentor Graphics Corp, check out Equities.com’s Stock Valuation Analysis report for MENT. 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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