NanoString Technologies Inc. (NSTG) Drops 5.63% on January 05

Equities Staff |

NanoString Technologies Inc. (NSTG) was one of the Russell 2000's biggest losers for Tuesday January 05 as the stock slid 5.63% to $12.90, a loss of $-0.77 per share. Starting at an opening price of $13.75 a share, the stock traded between $12.77 and $13.75 over the course of the trading day. Volume was 94,583 shares over 871 trades, against an average daily volume of 116,119 shares and a total float of 19.51 million.

The losses send NanoString Technologies Inc. down to a market cap of $251.64 million. In the last year, NanoString Technologies Inc. has traded between $19.81 and $9.95, and its 50-day SMA is currently $14.47 and 200-day SMA is $14.43.

NanoString Technologies Inc develops, manufactures and sells products that unlock scientifically valuable and clinically actionable genomic information from minute amounts of tissue.

NanoString Technologies Inc. is based out of Seattle, WA and has some 276 employees. Its CEO is R. Bradley Gray.

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