WEX (WEX) was one of the Russell 2000's biggest losers for Monday February 08 as the stock slid 11.48% to $59.78, a loss of $-7.75 per share. Starting at an opening price of $65.30 a share, the stock traded between $54.42 and $65.30 over the course of the trading day. Volume was 1.39 million shares over 13,105 trades, against an average daily volume of 347,318 shares and a total float of 38.64 million.
The losses send WEX down to a market cap of $2.31 billion. In the last year, WEX has traded between $118.97 and $65.24, and its 50-day SMA is currently $81.50 and 200-day SMA is $97.24.
The stock has a P/E Ratio of 20.4.
WEX Inc is a provider of corporate payment solutions. It also provides funding mechanism, among other services.
WEX is based out of South Portland, ME and has some 2,004 employees. Its CEO is Melissa D. Smith.
For a complete fundamental analysis analysis of WEX, check out Equities.com’s Stock Valuation Analysis report for WEX. 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.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.