Resource Capital Corp (RSO) was among the biggest gainers on the Russell 2000 for Friday January 29 as the stock popped 6.47% to $10.36, representing a gain of $0.63 per share. Some 192,302 shares traded hands on 1,464 trades, compared with an average daily volume of 384,439 shares out of a total float of 31.72 million. The stock opened at $9.81 and traded with an intraday range of $10.44 to $9.81.
After today's gains, Resource Capital Corp reached a market cap of $328.57 million. Resource Capital Corp has had a trading range between $20.16 and $8.39 over the last year, and it had a 50-day SMA of $11.47 and a 200-day SMA of $12.95.
Resource Capital Corp is a real estate investment trust. It is engaged in commercial real estate specialty finance. The Company's investment focuses on commercial real estate, commercial real estate-related assets and commercial finance assets.
Resource Capital Corp is based out of New York, NY and has some 738 employees. Its CEO is Jonathan Z. Cohen / Alan F. Feldman.
For a complete fundamental analysis analysis of Resource Capital Corp, check out Equities.com’s Stock Valuation Analysis report for RSO. 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.