Midstates Petroleum Co Inc (MPO) Drops 17.99% on February 02

Equities Staff |

Midstates Petroleum Co Inc (MPO) was one of the Russell 2000's biggest losers for Tuesday February 02 as the stock slid 17.99% to $0.72, a loss of $-0.1588 per share. Starting at an opening price of $0.88 a share, the stock traded between $0.70 and $0.88 over the course of the trading day. Volume was 446,423 shares over 745 trades, against an average daily volume of 174,761 shares and a total float of 10.89 million.

The losses send Midstates Petroleum Co Inc down to a market cap of $7.88 million. In the last year, Midstates Petroleum Co Inc has traded between $16.20 and $0.64, and its 50-day SMA is currently $2.03 and 200-day SMA is $5.85.

Midstates Petroleum Co Inc is an independent exploration and production company focused on the application of modern drilling and completion techniques to oil-prone resources in the United States.

Midstates Petroleum Co Inc is based out of Houston, TX and has some 183 employees. Its CEO is Frederic F. Brace.

For a complete fundamental analysis analysis of Midstates Petroleum Co Inc, check out Equities.com’s Stock Valuation Analysis report for MPO. 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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