Rentech Inc. (RTK) was among the biggest gainers on the Russell 2000 for Wednesday December 23 as the stock popped 13.54% to $3.69, representing a gain of $0.44 per share. Some 188,982 shares traded hands on 1,029 trades, compared with an average daily volume of 308,859 shares out of a total float of 23.01 million. The stock opened at $3.28 and traded with an intraday range of $3.75 to $3.19.
After today's gains, Rentech Inc. reached a market cap of $84.91 million. Rentech Inc. has had a trading range between $14.40 and $2.44 over the last year, and it had a 50-day SMA of $4.22 and a 200-day SMA of $8.22.
Rentech Inc is engaged in producing nitrogen fertilizer products including ammonia and UAN. It is also engaged in providing wood fibre processing services including wood chips and wood pellets.
Rentech Inc. is based out of Los Angeles, CA and has some 891 employees. Its CEO is Keith B. Forman.
For a complete fundamental analysis analysis of Rentech Inc., check out Equities.com’s Stock Valuation Analysis report for RTK. 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.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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