Sequential Brands Group Inc (SQBG) Jumps 5.09% on December 23

Equities Staff |

Sequential Brands Group Inc (SQBG) was among the biggest gainers on the Russell 2000 for Wednesday December 23 as the stock popped 5.09% to $8.46, representing a gain of $0.41 per share. Some 293,123 shares traded hands on 2,472 trades, compared with an average daily volume of 275,101 shares out of a total float of 40.78 million. The stock opened at $8.05 and traded with an intraday range of $8.62 to $8.05.

After today's gains, Sequential Brands Group Inc reached a market cap of $344.97 million. Sequential Brands Group Inc has had a trading range between $18.59 and $6.54 over the last year, and it had a 50-day SMA of $10.50 and a 200-day SMA of $13.48.

Sequential Brands Group Inc is an apparel licensing and brand management company that owns, promotes, markets and licenses a portfolio of consumer brands in the fashion, active and lifestyle categories.

Sequential Brands Group Inc is based out of New York, NY and has some 32 employees. Its CEO is Yehuda Shmidman.

For a complete fundamental analysis analysis of Sequential Brands Group Inc, check out Equities.com’s Stock Valuation Analysis report for SQBG. 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.

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