Tenneco (TEN) Jumps 13.29% on February 09

Equities Staff  |

Tenneco (TEN) was among the biggest gainers on the Russell 2000 for Tuesday February 09 as the stock popped 13.29% to $40.32, representing a gain of $4.73 per share. Some 1.62 million shares traded hands on 14,368 trades, compared with an average daily volume of 634,882 shares out of a total float of 57.81 million. The stock opened at $36.38 and traded with an intraday range of $40.92 to $36.15.

After today's gains, Tenneco reached a market cap of $2.33 billion. Tenneco has had a trading range between $61.73 and $34.45 over the last year, and it had a 50-day SMA of $43.99 and a 200-day SMA of $50.75.

The stock has a P/E Ratio of 10.9.

Tenneco Inc produces clean air and ride performance products and systems for light vehicle, commercial truck, off-highway and other vehicle applications. It serves original equipment vehicle manufacturers and repair and replacement markets or aftermarket.

Tenneco is based out of Lake Forest, IL and has some 29,000 employees. Its CEO is .

For a complete fundamental analysis analysis of Tenneco, check out Equities.com’s Stock Valuation Analysis report for TEN. 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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer



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