NetScout Systems Inc. (NTCT) was among the biggest gainers on the Russell 2000 for Thursday January 21 as the stock popped 5.43% to $26.99, representing a gain of $1.39 per share. Some 1.19 million shares traded hands on 10,179 trades, compared with an average daily volume of 637,855 shares out of a total float of 99.13 million. The stock opened at $25.74 and traded with an intraday range of $27.31 to $25.58.
After today's gains, NetScout Systems Inc. reached a market cap of $2.68 billion. NetScout Systems Inc. has had a trading range between $45.53 and $24.42 over the last year, and it had a 50-day SMA of $31.10 and a 200-day SMA of $37.03.
The stock has a P/E Ratio of 25.1.
NetScout Systems Inc offers network, application and service assurance solutions, providing performance analytics that helps enterprise, government and service provider customers.
NetScout Systems Inc. is based out of Westford, MA and has some 1,069 employees. Its CEO is Anil K. Singhal.
For a complete fundamental analysis analysis of NetScout Systems Inc., check out Equities.com’s Stock Valuation Analysis report for NTCT. 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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