Sotheby's (BID) was among the biggest gainers on the Russell 2000 for Monday January 11 as the stock popped 5.8% to $22.93, representing a gain of $1.2558 per share. Some 1.22 million shares traded hands on 8,576 trades, compared with an average daily volume of 1.07 million shares out of a total float of 66.83 million. The stock opened at $21.97 and traded with an intraday range of $23.03 to $21.74.
After today's gains, Sotheby's reached a market cap of $1.53 billion. Sotheby's has had a trading range between $47.28 and $21.65 over the last year, and it had a 50-day SMA of $28.25 and a 200-day SMA of $37.11.
The stock has a P/E Ratio of 11.8.
Sothebys is an auctioneer of authenticated fine art, antiques and decorative art, jewelry and collectibles. Its operating segments are agency segment, principal segment and finance segment.
Sotheby's is based out of New York, NY and has some 1,550 employees. Its CEO is Kevin Ching / Thomas S. Smith.
For a complete fundamental analysis analysis of Sotheby's, check out Equities.com’s Stock Valuation Analysis report for BID. 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.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.