Stage Stores Inc. (SSI) Plunges 16.14%

Stage Stores Inc. (SSI) Plunges 16.14%

Stage Stores Inc. (SSI) had a rough trading day for Tuesday November 12 as shares tumbled 16.14%, or a loss of $-0.46 per share, to close at $2.39. After opening the day at $2.87, shares of Stage Stores Inc. traded as high as $2.97 and as low as $2.08. Volume was 1.21 million shares over 3,840 trades, against an average daily volume of n/a shares and a total float of 28.88 million.

As a result of the decline, Stage Stores Inc. now has a market cap of $69.02 million. In the last year, shares of Stage Stores Inc. have traded between a range of $3.12 and $0.55, and its 50-day SMA is currently $n/a and 200-day SMA is $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 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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