MDC Partners Inc. (MDCA) had a rough trading day for Wednesday November 13 as shares tumbled 5.19%, or a loss of $-0.15 per share, to close at $2.74. After opening the day at $2.87, shares of MDC Partners Inc. traded as high as $2.90 and as low as $2.73. Volume was 221,455 shares over 1,476 trades, against an average daily volume of n/a shares and a total float of 72.15 million.
As a result of the decline, MDC Partners Inc. now has a market cap of $197.68 million. In the last year, shares of MDC Partners Inc. have traded between a range of $3.53 and $1.65, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
MDC Partners Inc is a marketing company in Canada. Its core activities involve direct marketing, mobile marketing, market research, data analytics, design & branding, social media communications, and e-commerce. MDC Partners operates in the US, which leads in terms of revenue, Canada, Europe, Asia, and Latin America. The company operates in five segments namely, Global Integrated Agencies; Domestic Creative Agencies; Specialist Communications; Media Services, and All Other.
MDC Partners Inc. is based out of New York, NY and has some 6,024 employees. Its CEO is Mark Penn.
MDC Partners Inc. is a component of the Russell 2000. 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.
