Sequential Brands Group Inc. (SQBG) Soars 5.96% on July 17

Equities Staff |

Sequential Brands Group Inc. (SQBG) had a good day on the market for Monday July 17 as shares jumped 5.96% to close at $3.20. About 308,377 shares traded hands on 2,130 trades for the day, compared with an average daily volume of 274,413 shares out of a total float of 63 million. After opening the trading day at $3.00, shares of Sequential Brands Group Inc. stayed within a range of $3.26 to $3.00.

With today's gains, Sequential Brands Group Inc. now has a market cap of $201.59 million. Shares of Sequential Brands Group Inc. have been trading within a range of $8.49 and $2.81 over the last year, and it had a 50-day SMA of $3.53 and a 200-day SMA of $4.59.

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 158 employees. Its CEO is Karen Murray.

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

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Sequential Brands Group Inc. is also a component of the Russell 2000. 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.

To get more information on Sequential Brands Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: SQBG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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