Spartan Motors Inc. (SPAR) Drops 5.02% on January 07

Equities Staff |

Spartan Motors Inc. (SPAR) was one of the Russell 2000's biggest losers for Thursday January 07 as the stock slid 5.02% to $3.03, a loss of $-0.16 per share. Starting at an opening price of $3.12 a share, the stock traded between $2.94 and $3.13 over the course of the trading day. Volume was 127,665 shares over 731 trades, against an average daily volume of 88,175 shares and a total float of 34.28 million.

The losses send Spartan Motors Inc. down to a market cap of $103.87 million. In the last year, Spartan Motors Inc. has traded between $5.69 and $3.03, and its 50-day SMA is currently $3.64 and 200-day SMA is $4.27.

Spartan Motors Inc is a custom engineer and manufacturer of specialized motor vehicle chassis and bodies. The Company through its subsidiaries also manufacturers bodies for markets including emergency response vehicles & delivery and service vehicles.

Spartan Motors Inc. is based out of Charlotte, MI and has some 1,600 employees. Its CEO is Daryl M. Adams.

For a complete fundamental analysis analysis of Spartan Motors Inc., check out Equities.com’s Stock Valuation Analysis report for SPAR. 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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