Farmer Brothers Company (FARM) was among the biggest gainers on the Russell 2000 for September 3 as the stock popped 5.63% to $25.35, representing a gain of $1.35 per share. Some 57,464 shares traded hands on 546 trades, compared with an average daily volume of 21,934 shares out of a total float of 16,560,339. The stock opened at $24.18 and traded with an intraday range of $23.90 to $25.44.
After today's gains, Farmer Brothers Company reached a market cap of $419,804,594. Farmer Brothers Company has had a trading range between $24.33 and $13.07 over the last year, and it had a 50-day SMA of $21.82 and a 200-day SMA of $21.07.
The stock has a P/E Ratio of 64.60.
Farmer Bros Co is in the business of roasting, packaging, and distributing coffee and allied products through direct and brokered sales to restaurants, hotels and hospitals as well as retailers such as convenience stores,coffee houses and grocery stores.
Farmer Brothers Company is based out of Torrance, CA and has some 1793 employees.
For a full analysis of Farmer Brothers Company, 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.