Dawson Geophysical Co. (DWSN) Drops 5.66% on February 17
Dawson Geophysical Co. ($DWSN) was one of the Russell 2000's biggest losers for Tuesday February 17 as the stock slid 5.66% to $6.50, a loss of $-0.39 per share. Starting at an opening price of $6.95 a share, the stock traded between $5.98 and $7.00 over the course of the trading day. Volume was 229,636 shares over 2,045 trades, against an average daily volume of 33,238 shares and a total float of 7.33 million.
The losses send Dawson Geophysical Co. down to a market cap of $47.66 million. In the last year, Dawson Geophysical Co. has traded between $22.14 and $5.70, and its 50-day SMA is currently $6.33 and 200-day SMA is $10.70.
TGC Industries Inc is engaged in the geophysical service business of conducting three-dimensional surveys for clients in the oil and gas business. It provides seismic data acquisition services throughout the continental United States and Canada.
Dawson Geophysical Co. is based out of Plano, TX and has some 653 employees. Its CEO is Stephen C. Jumper.
For a full analysis of Dawson Geophysical Co., check out Equities.com's E.V.A. report.
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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
Source: Equities.com News
(February 17, 2015 - 3:51 PM EST)
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