U S Concrete Inc. (USCR) Soars 8.57% on February 24

Equities Staff  |

U S Concrete Inc. (USCR) had a good day on the market for Wednesday February 24 as shares jumped 8.57% to close at $55.64. About 418,860 shares traded hands on 5,812 trades for the day, compared with an average daily volume of n/a shares out of a total float of 16.68 million. After opening the trading day at $50.25, shares of U S Concrete Inc. stayed within a range of $55.96 to $50.25.

With today's gains, U S Concrete Inc. now has a market cap of $927.84 million. Shares of U S Concrete Inc. have been trading within a range of $57.98 and $6.75 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

U.S. Concrete sells ready-mixed concrete in several major markets in the United States, primarily in Texas, northern California, and the New York metro area. While U.S. Concrete also produces aggregates in some of its markets and has made more acquisitions in this area in recent years, the company primarily uses its aggregates production internally for its ready-mixed concrete operations. During 2019, U.S. Concrete sold approximately 9.2 million cubic yards of ready-mixed concrete and approximately 11.4 million tons of aggregates.

U S Concrete Inc. is based out of Euless, TX and has some 3,173 employees. Its CEO is Ronnie Pruitt.

For a complete fundamental analysis of U S Concrete Inc., check out Equities.com’s Stock Valuation Analysis report for USCR.

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U S Concrete Inc. is also a component of the Russell 2000. 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.

To get more information on U S Concrete Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: USCR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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