Rockwell Medical Inc. (RMTI) was one of the Russell 2000's biggest losers for Friday January 29 as the stock slid 6.91% to $6.20, a loss of $-0.46 per share. Starting at an opening price of $6.69 a share, the stock traded between $6.15 and $6.92 over the course of the trading day. Volume was 666,324 shares over 2,803 trades, against an average daily volume of 550,192 shares and a total float of 51.08 million.
The losses send Rockwell Medical Inc. down to a market cap of $316.68 million. In the last year, Rockwell Medical Inc. has traded between $18.90 and $6.44, and its 50-day SMA is currently $9.59 and 200-day SMA is $11.46.
Rockwell Medical Inc is a biopharmaceutical company targeting end-stage renal disease and chronic kidney disease with products and services for the treatment of iron deficiency, secondary hyperparathyroidism and hemodialysis.
Rockwell Medical Inc. is based out of Wixom, MI and has some 283 employees. Its CEO is Robert L. Chioini.
For a complete fundamental analysis analysis of Rockwell Medical Inc., check out Equities.com’s Stock Valuation Analysis report for RMTI. 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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