January 15, 2016 - 11:01 AM EST
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Ultrapetrol Limited (ULTR) Drops 35.42% on January 15

Ultrapetrol Limited (ULTR) was one of the Russell 2000's biggest losers for Friday January 15 as the stock slid 35.42% to $0.06, a loss of $-0.034 per share. Starting at an opening price of $0.10 a share, the stock traded between $0.05 and $0.10 over the course of the trading day. Volume was 147,248 shares over 172 trades, against an average daily volume of 113,614 shares and a total float of 140.73 million.

The losses send Ultrapetrol Limited down to a market cap of $8.73 million. In the last year, Ultrapetrol Limited has traded between $1.98 and $0.07, and its 50-day SMA is currently $0.31 and 200-day SMA is $0.76.

Ultrapetrol (Bahamas) Ltd is a shipping transportation company serving the marine transportation needs of clients in the geographic markets for containers, grain soybean, forest products, minerals, crude oil, petroleum, and refined petroleum products.

Ultrapetrol Limited is based out of Nassau, and has some 1,614 employees. Its CEO is Damian Scokin.

For a complete fundamental analysis analysis of Ultrapetrol Limited, check out Equities.com’s Stock Valuation Analysis report for ULTR. 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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Source: Equities.com News (January 15, 2016 - 11:01 AM EST)

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