Ultrapetrol Limited (ULTR) was among the biggest gainers on the Russell 2000 for Thursday January 21 as the stock popped 15.69% to $0.08, representing a gain of $0.011 per share. Some 155,538 shares traded hands on 300 trades, compared with an average daily volume of 110,686 shares out of a total float of 140.73 million. The stock opened at $0.10 and traded with an intraday range of $0.10 to $0.07.
After today's gains, Ultrapetrol Limited reached a market cap of $11.41 million. Ultrapetrol Limited has had a trading range between $1.89 and $0.05 over the last year, and it had a 50-day SMA of $0.28 and a 200-day SMA of $0.74.
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.
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Source: Equities.com News
(January 21, 2016 - 11:00 AM EST)
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