PROFIRE ENERGY INC (PFIE) Drops 9.1% on February 04

Equities Staff  |

PROFIRE ENERGY INC (PFIE) was one of the Russell 2000's biggest losers for Thursday February 04 as the stock slid 9.1% to $0.80, a loss of $-0.0801 per share. Starting at an opening price of $0.87 a share, the stock traded between $0.80 and $0.90 over the course of the trading day. Volume was 43,997 shares over 161 trades, against an average daily volume of 69,242 shares and a total float of 53.26 million.

The losses send PROFIRE ENERGY INC down to a market cap of $42.6 million. In the last year, PROFIRE ENERGY INC has traded between $2.96 and $0.76, and its 50-day SMA is currently $1.03 and 200-day SMA is $1.15.

The stock has a P/E Ratio of 30.

Profire Energy Inc is an oilfield technology company. The Company provides products that enhance the efficiency, safety, and compliance of the oil and gas industry.

PROFIRE ENERGY INC is based out of Lindon, UT and has some 111 employees. Its CEO is Brenton W. Hatch.

For a complete fundamental analysis analysis of PROFIRE ENERGY INC, check out’s Stock Valuation Analysis report for PFIE. 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.

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