Sagent Pharmaceuticals Inc. (SGNT) was one of the Russell 2000's biggest losers for Wednesday January 27 as the stock slid 6.03% to $15.43, a loss of $-0.99 per share. Starting at an opening price of $16.44 a share, the stock traded between $15.42 and $16.65 over the course of the trading day. Volume was 308,130 shares over 2,114 trades, against an average daily volume of 432,027 shares and a total float of 32.79 million.
The losses send Sagent Pharmaceuticals Inc. down to a market cap of $505.91 million. In the last year, Sagent Pharmaceuticals Inc. has traded between $30.75 and $12.78, and its 50-day SMA is currently $15.22 and 200-day SMA is $19.85.
The stock has a P/E Ratio of 20.8.
Sagent Pharmaceuticals Inc is a specialty pharmaceutical company. The Company is engaged in developing, manufacturing, sourcing and marketing injectable pharmaceutical products which it sells in the United States of America.
Sagent Pharmaceuticals Inc. is based out of Schaumburg, IL and has some 466 employees. Its CEO is Allan Oberman.
For a complete fundamental analysis analysis of Sagent Pharmaceuticals Inc., check out Equities.com’s Stock Valuation Analysis report for SGNT. 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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