30 May VP Jon Cartu Reports – NETGEAR Inc. (NTGR) Soars 2.63% on May 29
NETGEAR Inc. (NTGR) had a good day on the market for Friday May 29
shares jumped 2.63% to close at $25.73. About 221,304 shares traded hands on 2,650 trades for the day, compared with an average daily volume of
n/a shares out of a total float of 29.42 million. After opening the trading day at $24.87, shares of NETGEAR Inc. stayed within a range of $25.75 to
With today’s gains, NETGEAR Inc. now has a market cap of
$756.95 million. Shares of NETGEAR Inc. have been trading within a range of $36.87
and $15.02 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Business (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price.
NETGEAR Inc. is based out of San Jose, CA and has some 809 employees. Its CEO is Patrick C.S. Lo.
For a complete fundamental analysis of NETGEAR Inc., check out Equities.com’s Stock Valuation Analysis report for
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NETGEAR 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.
To get more information on NETGEAR Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
NTGR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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