Resolute Energy Corp. (REN) Drops 8.32% on January 07

Equities Staff |

Resolute Energy Corp. (REN) was one of the Russell 2000's biggest losers for Thursday January 07 as the stock slid 8.32% to $0.77, a loss of $-0.0699 per share. Starting at an opening price of $0.80 a share, the stock traded between $0.76 and $0.84 over the course of the trading day. Volume was 84,366 shares over 183 trades, against an average daily volume of 376,979 shares and a total float of 77.5 million.

The losses send Resolute Energy Corp. down to a market cap of $59.68 million. In the last year, Resolute Energy Corp. has traded between $1.80 and $0.25, and its 50-day SMA is currently $0.71 and 200-day SMA is $0.81.

Resolute Energy Corp is an independent oil and gas company engaged in the exploration, exploitation and development of its oil and gas properties located in Utah, Wyoming, North Dakota and Texas.

Resolute Energy Corp. is based out of Denver, CO and has some 265 employees. Its CEO is Nicholas J. Sutton.

For a complete fundamental analysis analysis of Resolute Energy Corp., check out Equities.com’s Stock Valuation Analysis report for REN. 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.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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