Emerald Oil (EOX) was one of the Russell 2000's biggest losers for September 12 as the stock slid 5.85% to $7.57, a loss of $0.47 per share. Starting at an opening price of $8.10 a share, the stock traded between $7.48 and $8.10 over the course of the trading day. Volume was 1,231,883 shares over 6,874 trades, against an average daily volume of 894,276 shares and a total float of 66,477,468.
The losses send Emerald Oil down to a market cap of $503,234,433. In the last year, Emerald Oil has traded between $9.20 and $6.00, and its 50-day SMA is currently $7.80 and 200-day SMA is $7.28.
For a full analysis of Emerald Oil, check out Equities.com's E.V.A. report.
Emerald Oil Inc is an independent exploration and production company. The Company focuses on acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana.
Emerald Oil, led by CEO McAndrew Rudisill, has 30 employees and is headquartered in Denver, CO.
One of the most effective tools for tracking the market for small-cap stocks is the Russell 2000, the nation's leading small-cap index created by industry stalwart Russell Investments. Unlike the well-known Dow Jones Industrial Average (DJIA) and S&P 500, Russell's indices eschew committee selection in favor of a more objective, rules-based system for selecting index membership.
The broad-based Russell 3000, which is meant to cover the stock market as a whole, is simply the 3,000 companies with the largest market cap in the United States. The Russell 2000 is then just the bottom 2,000 companies of that index, offering a look at those small-cap companies with smaller market caps. It makes for an unbiased overview of the small-cap stocks that can help any investor get a better sense of what the market is doing and where it might be headed.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
Source: Equities.com News
(September 12, 2014 - 2:02 PM EDT)
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