Rentrak Corp. (RENT) was one of the Russell 2000's biggest losers for Tuesday January 19 as the stock slid 14.16% to $41.88, a loss of $-6.91 per share. Starting at an opening price of $49.54 a share, the stock traded between $41.77 and $50.00 over the course of the trading day. Volume was 135,332 shares over 1,505 trades, against an average daily volume of 181,910 shares and a total float of 15.37 million.
The losses send Rentrak Corp. down to a market cap of $643.87 million. In the last year, Rentrak Corp. has traded between $84.23 and $40.73, and its 50-day SMA is currently $48.03 and 200-day SMA is $55.44.
The stock has a P/E Ratio of 348.5.
Rentrak Corp is a media measurement and information company serving the entertainment, television, video and advertising industries. Its services are distributed into two areas: - Movies Everywhere and TV Everywhere.
Rentrak Corp. is based out of Portland, OR and has some 532 employees. Its CEO is William P. Livek.
For a complete fundamental analysis analysis of Rentrak Corp., check out Equities.com’s Stock Valuation Analysis report for RENT. 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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