Renasant Corporation (RNST) Soars 2.6% on March 01

Equities Staff  |

Renasant Corporation (RNST) had a good day on the market for Monday March 01 as shares jumped 2.6% to close at $40.30. About 182,969 shares traded hands on 4,383 trades for the day, compared with an average daily volume of n/a shares out of a total float of 56.2 million. After opening the trading day at $40.22, shares of Renasant Corporation stayed within a range of $40.63 to $39.55.

With today's gains, Renasant Corporation now has a market cap of $2.26 billion. Shares of Renasant Corporation have been trading within a range of $41.75 and $18.22 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation primarily operates in the southern United States.

Renasant Corporation is based out of Tupelo, MS and has some 2,527 employees. Its CEO is C. Mitchell Waycaster.

For a complete fundamental analysis of Renasant Corporation, check out Equities.com’s Stock Valuation Analysis report for RNST.

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Renasant Corporation 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 Renasant Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: RNST’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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