RadNet Inc. (RDNT) was one of the Russell 2000's biggest losers for Wednesday January 13 as the stock slid 6.26% to $5.39, a loss of $-0.36 per share. Starting at an opening price of $5.26 a share, the stock traded between $5.26 and $5.80 over the course of the trading day. Volume was 180,429 shares over 1,183 trades, against an average daily volume of 241,822 shares and a total float of 46.12 million.
The losses send RadNet Inc. down to a market cap of $248.59 million. In the last year, RadNet Inc. has traded between $9.40 and $5.19, and its 50-day SMA is currently $6.28 and 200-day SMA is $6.75.
The stock has a P/E Ratio of 23.
RadNet Inc is a provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, and among others.
RadNet Inc. is based out of Los Angeles, CA and has some 6,361 employees. Its CEO is Howard G. Berger.
For a complete fundamental analysis analysis of RadNet Inc., check out Equities.com’s Stock Valuation Analysis report for RDNT. 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.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.