Multi-Color Corp. (LABL) Drops 15.08% on February 10

Equities Staff |

Multi-Color Corp. (LABL) was one of the Russell 2000's biggest losers for Wednesday February 10 as the stock slid 15.08% to $41.06, a loss of $-7.29 per share. Starting at an opening price of $47.91 a share, the stock traded between $40.37 and $47.91 over the course of the trading day. Volume was 576,496 shares over 4,334 trades, against an average daily volume of 140,833 shares and a total float of 16.8 million.

The losses send Multi-Color Corp. down to a market cap of $689.79 million. In the last year, Multi-Color Corp. has traded between $80.24 and $48.04, and its 50-day SMA is currently $61.20 and 200-day SMA is $65.17.

The stock has a P/E Ratio of 16.

Multi-Color Corp provides label solutions for home & personal care, liquor, food & beverage, healthcare & consumer products. It also provides print methods including flexographic, lithographic, rotogravure, letterpress & in-house pre-press services.

Multi-Color Corp. is based out of Batavia, OH and has some 3,550 employees. Its CEO is Vadis Rodato.

For a complete fundamental analysis analysis of Multi-Color Corp., check out Equities.com’s Stock Valuation Analysis report for LABL. 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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