Varonis System Inc (VRNS) Jumps 8.13% on January 29

Equities Staff |

Varonis System Inc (VRNS) was among the biggest gainers on the Russell 2000 for Friday January 29 as the stock popped 8.13% to $18.35, representing a gain of $1.38 per share. Some 63,768 shares traded hands on 659 trades, compared with an average daily volume of 147,478 shares out of a total float of 25.76 million. The stock opened at $17.05 and traded with an intraday range of $18.45 to $17.05.

After today's gains, Varonis System Inc reached a market cap of $472.66 million. Varonis System Inc has had a trading range between $38.48 and $14.57 over the last year, and it had a 50-day SMA of $17.49 and a 200-day SMA of $19.91.

Varonis Systems Inc is engaged in providing software platform that allows enterprises to map, analyze, manage & utilize its unstructured data. It offers human-generated data including word processing documents, spreadsheets, & presentations.

Varonis System Inc is based out of New York, NY and has some 840 employees. Its CEO is Yakov Faitelson.

For a complete fundamental analysis analysis of Varonis System Inc, check out Equities.com’s Stock Valuation Analysis report for VRNS. 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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