Overstock.com Inc. (OSTK) Soars 12.26% on June 02

Equities Staff  |

Overstock.com Inc. (OSTK) had a good day on the market for Tuesday June 02 as shares jumped 12.26% to close at $21.70. About 5.21 million shares traded hands on 31,905 trades for the day, compared with an average daily volume of n/a shares out of a total float of 40.33 million. After opening the trading day at $19.60, shares of Overstock.com Inc. stayed within a range of $21.98 to $19.42.

With today's gains, Overstock.com Inc. now has a market cap of $875.07 million. Shares of Overstock.com Inc. have been trading within a range of $29.75 and $2.53 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Overstock.com Inc is a United-States-based online retailer that provides products and services through websites. The company offers a broad range of products, including furniture and home decor, jewelry, watches, apparel and accessories, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line accounts for a material part of its total revenue. The company operates through direct business that makes sales from the company's own inventory, and partner business that sells merchandise from manufacturers, distributors and other suppliers through the company's websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.

Overstock.com Inc. is based out of Midvale, UT and has some 1,613 employees. Its CEO is Jonathan E. Johnson.

For a complete fundamental analysis of Overstock.com Inc., check out Equities.com’s Stock Valuation Analysis report for OSTK.

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Overstock.com Inc. is also a component of the Russell 2000. 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.

To get more information on Overstock.com Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: OSTK’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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