Numerex Corp. (NMRX) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 8.8% to $6.43, representing a gain of $0.52 per share. Some 49,114 shares traded hands on 178 trades, compared with an average daily volume of 42,640 shares out of a total float of 19.25 million. The stock opened at $5.89 and traded with an intraday range of $6.43 to $5.73.
After today's gains, Numerex Corp. reached a market cap of $123.81 million. Numerex Corp. has had a trading range between $12.31 and $5.17 over the last year, and it had a 50-day SMA of $6.32 and a 200-day SMA of $8.48.
Numerex Corp provides on-demand and interactive machine-to-machine, referred to as 'M2M', enterprise solutions. It provides M2M business services, technology, and products used in the development and support of M2M solutions.
Numerex Corp. is based out of Atlanta, GA and has some 201 employees. Its CEO is Marc J. Zionts.
For a complete fundamental analysis analysis of Numerex Corp., check out Equities.com’s Stock Valuation Analysis report for NMRX. 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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