Kirkland’s Inc. (KIRK) Plunges 31.43%

Kirkland’s Inc. (KIRK) had a rough trading day for Thursday December 05 as shares tumbled 31.43%, or a loss of $-0.418 per share, to close at $0.91. After opening the day at $1.20, shares of Kirkland’s Inc. traded as high as $1.22 and as low as $0.91. Volume was 5.38 million shares over 12,984 trades, against an average daily volume of n/a shares and a total float of 13.89 million.

As a result of the decline, Kirkland’s Inc. now has a market cap of $12.67 million. In the last year, shares of Kirkland’s Inc. have traded between a range of $11.77 and $1.09, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Kirkland’s Inc is a specialty retailer of home decor and gifts in the United States. Its stores provide various merchandise, including holiday decor, framed arts, furniture, ornamental wall decor, fragrance and accessories, mirrors, lamps, decorative accessories, textiles, housewares, gifts, artificial floral products, frames, clocks, and outdoor living items. Its stores also offer an assortment of holiday merchandise in seasonal periods, as well as items that are suitable for gift-giving.

Kirkland’s Inc. is based out of Brentwood, TN and has some 7,300 employees. Its CEO is Steven C. Woodward.

Kirkland’s 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.

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