Stage Stores Inc. (SSI) was one of the Russell 2000's biggest losers for August 21 as the stock slid 7.95% to $17.03, a loss of $1.47 per share. Starting at an opening price of $17.50 a share, the stock traded between $16.86 and $18.40 over the course of the trading day. Volume was 1,844,779 shares over 12,818 trades.
The losses send Stage Stores Inc. down to a market cap of $540,230,224. The stock's P/E Ratio is 51.50.
For a full analysis of Stage Stores Inc., check out Equities.com's E.V.A. report.
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.
For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.
All data provided by QuoteMedia and was accurate as of 4.30PM.