K2M Group Holdings Inc ($KTWO) was among the biggest gainers on the Russell 2000 for October 30 as the stock popped 6.34% to $15.61, representing a gain of $0.93 per share. Some 124,117 shares traded hands on 849 trades, compared with an average daily volume of 101,777 shares out of a total float of 37,118,601. The stock opened at $15.20 and traded with an intraday range of $15.02 to $15.69.
After today’s gains, K2M Group Holdings Inc reached a market cap of $579,421,362. K2M Group Holdings Inc has had a trading range between $17.98 and $12.31 over the last year, and it had a 50-day SMA of $14.17.
K2M Group Holdings Inc is a medical device company focused on designing, developing and commercializing proprietary complex spine technologies and techniques.
K2M Group Holdings Inc is based out of Leesburg, VA and has some 414 employees. It’s CEO is Eric D. Major.
For a full analysis of K2M Group Holdings Inc, 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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