XOMA Corporation (XOMA) was among the biggest gainers on the Russell 2000 for Wednesday February 10 as the stock popped 7.74% to $0.83, representing a gain of $0.0596 per share. Some 765,653 shares traded hands on 1,844 trades, compared with an average daily volume of 3.83 million shares out of a total float of 118.81 million. The stock opened at $0.78 and traded with an intraday range of $0.87 to $0.78.
After today's gains, XOMA Corporation reached a market cap of $98.59 million. XOMA Corporation has had a trading range between $4.93 and $0.69 over the last year, and it had a 50-day SMA of $1.19 and a 200-day SMA of $1.87.
XOMA Corp discovers and develops antibody-based therapeutics. Several of its antibodies have properties due to their interaction at allosteric sites on specific protein rather than the orthosteric, or active sites.
XOMA Corporation is based out of Berkeley, CA and has some 171 employees. Its CEO is John Varian.
For a complete fundamental analysis analysis of XOMA Corporation, check out Equities.com’s Stock Valuation Analysis report for XOMA. 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.
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