MiMedx Group Inc (MDXG) Drops 6.28% on January 19

Equities Staff  |

MiMedx Group Inc (MDXG) was one of the Russell 2000's biggest losers for Tuesday January 19 as the stock slid 6.28% to $7.99, a loss of $-0.535 per share. Starting at an opening price of $8.58 a share, the stock traded between $7.81 and $8.61 over the course of the trading day. Volume was 906,783 shares over 6,899 trades, against an average daily volume of 1.28 million shares and a total float of 108.96 million.

The losses send MiMedx Group Inc down to a market cap of $870.06 million. In the last year, MiMedx Group Inc has traded between $13.20 and $6.71, and its 50-day SMA is currently $8.61 and 200-day SMA is $9.77.

The stock has a P/E Ratio of 47.3.

MiMedx Group Inc is a developer, manufacturer and marketer of patent-protected regenerative biomaterial products and bioimplants processed from human amniotic membrane.

MiMedx Group Inc is based out of Marietta, GA and has some 386 employees. Its CEO is Parker H. Petit.

For a complete fundamental analysis analysis of MiMedx Group Inc, check out Equities.com’s Stock Valuation Analysis report for MDXG. 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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