Minerals Technologies Inc. (MTX) Jumps 6.78% on January 14

Equities Staff |

Minerals Technologies Inc. (MTX) was among the biggest gainers on the Russell 2000 for Thursday January 14 as the stock popped 6.78% to $40.18, representing a gain of $2.55 per share. Some 268,226 shares traded hands on 2,252 trades, compared with an average daily volume of 247,836 shares out of a total float of 34.75 million. The stock opened at $37.90 and traded with an intraday range of $40.23 to $37.34.

After today's gains, Minerals Technologies Inc. reached a market cap of $1.4 billion. Minerals Technologies Inc. has had a trading range between $74.87 and $36.78 over the last year, and it had a 50-day SMA of $53.34 and a 200-day SMA of $60.24.

The stock has a P/E Ratio of 12.2.

Minerals Technologies Inc is a resource and technology-based company that develops, produces and markets range of specialty mineral, mineral-based and synthetic mineral products and supporting systems and services.

Minerals Technologies Inc. is based out of New York, NY and has some 4,464 employees. Its CEO is Joseph C. Muscari.

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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

MGX Minerals Inc.

MGX Minerals is a diversified Canadian mining company listed on the Canadian Securities Exchange. MGX is engaged in the acquisition and development of industrial mineral deposits in western Canada that…

Private Markets

GoCoin

Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…

BioSculpture Technology, Inc.

BioSculpture Technology, Inc. (“BST”) is a commercial-stage medical device manufacturer of liposuction surgical instruments for surgeons. It offers the FDA-cleared Twin Cannula Assisted Liposuction ("TCAL") Airbrush Liposculptor II® controllers, Airbrush®…