Standard Motor Products (SMP) was among the biggest gainers on the Russell 2000 for Monday January 25 as the stock popped 5.11% to $37.21, representing a gain of $1.81 per share. Some 102,878 shares traded hands on 1,064 trades, compared with an average daily volume of 103,454 shares out of a total float of 22.66 million. The stock opened at $36.46 and traded with an intraday range of $37.34 to $35.91.
After today's gains, Standard Motor Products reached a market cap of $843.28 million. Standard Motor Products has had a trading range between $45.72 and $30.30 over the last year, and it had a 50-day SMA of $39.42 and a 200-day SMA of $37.18.
The stock has a P/E Ratio of 15.8.
Standard Motor Products Inc is an independent manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry.
Standard Motor Products is based out of Long Island City, NY and has some 3,400 employees. Its CEO is Lawrence I. Sills.
For a complete fundamental analysis analysis of Standard Motor Products, check out Equities.com’s Stock Valuation Analysis report for SMP. 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.