Newport Corporation (NEWP) Jumps 5.98% on January 22

Equities Staff |

Newport Corporation (NEWP) was among the biggest gainers on the Russell 2000 for Friday January 22 as the stock popped 5.98% to $14.54, representing a gain of $0.82 per share. Some 174,382 shares traded hands on 1,752 trades, compared with an average daily volume of 171,409 shares out of a total float of 38.58 million. The stock opened at $14.04 and traded with an intraday range of $15.11 to $14.04.

After today's gains, Newport Corporation reached a market cap of $560.91 million. Newport Corporation has had a trading range between $20.85 and $13.18 over the last year, and it had a 50-day SMA of $15.83 and a 200-day SMA of $16.71.

The stock has a P/E Ratio of 18.3.

Newport Corp supplies technology products & systems to various industries, including scientific research, microelectronics, defense & security, life & health sciences & industrial markets. Its segment includes Photonics, Lasers & Optics Group.

Newport Corporation is based out of Irvine, CA and has some 2,570 employees. Its CEO is Robert J. Phillippy.

For a complete fundamental analysis analysis of Newport Corporation, check out’s Stock Valuation Analysis report for NEWP. To see the latest independent stock recommendations from’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 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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

WRIT Media Group Inc

WRIT Media Group Inc produces films, television programs and similar entertainment programs for various media formats.

Private Markets

The Green Organic Dutchman

The Green Organic Dutchman Ltd. ("TGOD") produces farm grown, organic cannabis for medical use. The company grows its high quality organic cannabis in small batches using craft growing, all natural…

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.