Neurocrine Biosciences Inc. (NBIX) was among the biggest gainers on the Russell 2000 for Thursday January 14 as the stock popped 17.56% to $49.21, representing a gain of $7.35 per share. Some 1.95 million shares traded hands on 17,505 trades, compared with an average daily volume of 1.05 million shares out of a total float of 86.2 million. The stock opened at $43.51 and traded with an intraday range of $49.41 to $41.39.
After today's gains, Neurocrine Biosciences Inc. reached a market cap of $4.24 billion. Neurocrine Biosciences Inc. has had a trading range between $58.46 and $29.29 over the last year, and it had a 50-day SMA of $52.42 and a 200-day SMA of $47.19.
Neurocrine Biosciences Inc discovers, develops and commercializes drugs for the treatment of neurological and endocrine-related diseases and disorders.
Neurocrine Biosciences Inc. is based out of San Diego, CA and has some 94 employees. Its CEO is Kevin C. Gorman.
For a complete fundamental analysis analysis of Neurocrine Biosciences Inc., check out Equities.com’s Stock Valuation Analysis report for NBIX. 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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