Myers Industries Inc. (MYE) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 5.7% to $10.94, representing a gain of $0.59 per share. Some 26,231 shares traded hands on 251 trades, compared with an average daily volume of 90,227 shares out of a total float of 30.14 million. The stock opened at $10.46 and traded with an intraday range of $10.94 to $10.37.
After today's gains, Myers Industries Inc. reached a market cap of $329.73 million. Myers Industries Inc. has had a trading range between $20.10 and $10.12 over the last year, and it had a 50-day SMA of $12.61 and a 200-day SMA of $14.78.
The stock has a P/E Ratio of 47.
Myers Industries Inc manufactures a range of polymer products for industrial, agricultural, automotive, commercial and consumer markets. It also manufactures plastic reusable material handling containers and pallets.
Myers Industries Inc. is based out of Akron, OH and has some 3,241 employees. Its CEO is R. David Banyard.
For a complete fundamental analysis analysis of Myers Industries Inc., check out Equities.com’s Stock Valuation Analysis report for MYE. 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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