RadNet Inc. (RDNT) Soars 4% on February 19

Equities Staff  |

RadNet Inc. (RDNT) had a good day on the market for Friday February 19 as shares jumped 4% to close at $18.44. About 158,793 shares traded hands on 1,847 trades for the day, compared with an average daily volume of n/a shares out of a total float of 51.64 million. After opening the trading day at $17.75, shares of RadNet Inc. stayed within a range of $18.48 to $17.70.

With today's gains, RadNet Inc. now has a market cap of $952.17 million. Shares of RadNet Inc. have been trading within a range of $23.46 and $5.81 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

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 (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures. The firm derives revenue from fees charged for the diagnostic imaging services performed at these centers.

RadNet Inc. is based out of Los Angeles, CA and has some 8,498 employees. Its CEO is Howard G. Berger.

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

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RadNet 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 RadNet Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: RDNT’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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