Resources Connection Inc (RECN) was among the biggest gainers on the Russell 2000 for Thursday January 14 as the stock popped 5.26% to $14.60, representing a gain of $0.73 per share. Some 104,799 shares traded hands on 1,112 trades, compared with an average daily volume of 164,310 shares out of a total float of 37.13 million. The stock opened at $14.00 and traded with an intraday range of $14.65 to $13.83.
After today's gains, Resources Connection Inc reached a market cap of $542.15 million. Resources Connection Inc has had a trading range between $18.71 and $13.37 over the last year, and it had a 50-day SMA of $17.12 and a 200-day SMA of $16.36.
The stock has a P/E Ratio of 18.1.
Resources Connection Inc is a multinational consulting firm. The Company provides consulting and business initiative support services to its client in the areas of accounting, finance, corporate governance, risk and compliance management.
Resources Connection Inc is based out of Irvine, CA and has some 3,258 employees. Its CEO is Anthony Cherbak.
For a complete fundamental analysis analysis of Resources Connection Inc, check out Equities.com’s Stock Valuation Analysis report for RECN. 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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