Tiptree Financial Inc (TIPT) Drops 7.65% on January 04

Equities Staff |

Tiptree Financial Inc (TIPT) was one of the Russell 2000's biggest losers for Monday January 04 as the stock slid 7.65% to $5.67, a loss of $-0.47 per share. Starting at an opening price of $6.01 a share, the stock traded between $5.66 and $6.31 over the course of the trading day. Volume was 25,073 shares over 311 trades, against an average daily volume of 37,798 shares and a total float of 43.03 million.

The losses send Tiptree Financial Inc down to a market cap of $243.96 million. In the last year, Tiptree Financial Inc has traded between $8.19 and $5.17, and its 50-day SMA is currently $6.70 and 200-day SMA is $6.55.

Tiptree Financial Inc through its subsidiaries operate in the following industries, insurance and insurance services, specialty finance, asset management and real estate.

Tiptree Financial Inc is based out of New York, NY and has some 761 employees. Its CEO is Jonathan Ilany.

For a complete fundamental analysis analysis of Tiptree Financial Inc, check out Equities.com’s Stock Valuation Analysis report for TIPT. 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

Comments

Emerging Growth

H-Source Holdings Ltd.

H-Source Holdings Inc. is a technology company operating within the healthcare industry through its subsidiary, H-Source, Inc. The Company has developed a transaction platform that provides a private, secure and…

Private Markets

Cross Campus

With over 500 members and operating 80,000 square feet by summer 2016, Cross Campus is one of the country’s top ten shared, collaborative office or "coworking" operators in the US.…

Trustify

Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…