Sykes Enterprises Incorporated (SYKE) Drops 5.1% on January 04

Equities Staff |

Sykes Enterprises Incorporated (SYKE) was one of the Russell 2000's biggest losers for Monday January 04 as the stock slid 5.1% to $29.21, a loss of $-1.57 per share. Starting at an opening price of $30.37 a share, the stock traded between $29.03 and $30.37 over the course of the trading day. Volume was 305,291 shares over 3,068 trades, against an average daily volume of 261,796 shares and a total float of 42.76 million.

The losses send Sykes Enterprises Incorporated down to a market cap of $1.25 billion. In the last year, Sykes Enterprises Incorporated has traded between $33.00 and $22.02, and its 50-day SMA is currently $30.66 and 200-day SMA is $26.40.

The stock has a P/E Ratio of 18.2.

Sykes Enterprises Inc provides outsourced customer contact management solutions and services in the business process outsourcing arena to companies within the communications, financial services, technology/consumer and other industries.

Sykes Enterprises Incorporated is based out of Tampa, FL and has some 50,450 employees. Its CEO is Charles E. Sykes.

For a complete fundamental analysis analysis of Sykes Enterprises Incorporated, check out Equities.com’s Stock Valuation Analysis report for SYKE. 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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