Stage Stores Inc. (SSI) had a good day on the market for Friday November 22 as shares jumped 37.46% to close at $4.66. About 10.85 million shares traded hands on 36,147 trades for the day, compared with an average daily volume of n/a shares out of a total float of 28.88 million. After opening the trading day at $3.45, shares of Stage Stores Inc. stayed within a range of $4.92 to $3.18.
With today’s gains, Stage Stores Inc. now has a market cap of $134.57 million. Shares of Stage Stores Inc. have been trading within a range of $3.85 and $0.55 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Stage Stores Inc through its subsidiary operates in specialty department stores in small and mid-sized towns and communities. The company department stores offer a brand name and private label apparel, accessories, cosmetics, footwear, and home goods. The firm generates revenue from merchandise sales. Its merchandise range comprises of apparel, accessories, cosmetics, footwear, and home goods.
Stage Stores Inc. is based out of Houston, TX and has some 13,600 employees. Its CEO is Michael L. Glazer.
Stage Stores Inc. is also 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.
