Nimble Storage Inc (NMBL) was among the biggest gainers on the Russell 2000 for Thursday February 18 as the stock popped 5.31% to $6.54, representing a gain of $0.33 per share. Some 814,813 shares traded hands on 4,699 trades, compared with an average daily volume of 1.49 million shares out of a total float of 80.8 million. The stock opened at $6.19 and traded with an intraday range of $6.58 to $6.13.
After today's gains, Nimble Storage Inc reached a market cap of $528.43 million. Nimble Storage Inc has had a trading range between $32.16 and $5.64 over the last year, and it had a 50-day SMA of $8.09 and a 200-day SMA of $20.48.
Nimble Storage Inc designs & sells a flash-optimized hybrid storage platform that it believes is disrupting the market by enabling improvements in application performance and storage capacity with data protection.
Nimble Storage Inc is based out of San Jose, CA and has some 1,049 employees. Its CEO is Suresh Vasudevan.
For a complete fundamental analysis analysis of Nimble Storage Inc, check out Equities.com’s Stock Valuation Analysis report for NMBL. 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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