Twin Disc Inc. (TWIN) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 5.55% to $9.51, representing a gain of $0.5 per share. Some 30,969 shares traded hands on 295 trades, compared with an average daily volume of 42,815 shares out of a total float of 11.35 million. The stock opened at $8.88 and traded with an intraday range of $9.52 to $8.88.
After today's gains, Twin Disc Inc. reached a market cap of $107.96 million. Twin Disc Inc. has had a trading range between $20.90 and $8.55 over the last year, and it had a 50-day SMA of $10.57 and a 200-day SMA of $14.38.
The stock has a P/E Ratio of 37.5.
Twin Disc Inc designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. Its products include marine transmissions, surface drives, propellers, boat management systems, power-shift transmissions and controls systems.
Twin Disc Inc. is based out of Racine, WI and has some 921 employees. Its CEO is John H. Batten.
For a complete fundamental analysis analysis of Twin Disc Inc., check out Equities.com’s Stock Valuation Analysis report for TWIN. 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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