NanoViricides Inc. (NNVC) was among the biggest gainers on the Russell 2000 for Friday December 25 as the stock popped 13.59% to $1.17, representing a gain of $0.14 per share. Some 472,865 shares traded hands on 595 trades, compared with an average daily volume of 119,311 shares out of a total float of 57.59 million. The stock opened at $1.05 and traded with an intraday range of $1.19 to $1.05.
After today's gains, NanoViricides Inc. reached a market cap of $67.37 million. NanoViricides Inc. has had a trading range between $3.15 and $0.89 over the last year, and it had a 50-day SMA of $1.18 and a 200-day SMA of $1.55.
Nanoviricides Inc is a development stage nano-biopharmaceutical company. Its business activities are to discover, develop and commercialize therapeutics to take care of patients suffering from life-threatening viral infections.
NanoViricides Inc. is based out of Shelton, CT and has some 6 employees. Its CEO is Eugene Seymour.
For a complete fundamental analysis analysis of NanoViricides Inc., check out Equities.com’s Stock Valuation Analysis report for NNVC. 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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