Eros International PLC A (EROS) Plunges 15.61%

Eros International PLC A (EROS) Plunges 15.61%

Eros International PLC A (EROS) had a rough trading day for Tuesday October 08 as shares tumbled 15.61%, or a loss of $-0.27 per share, to close at $1.46. After opening the day at $1.58, shares of Eros International PLC A traded as high as $1.79 and as low as $1.45. Volume was 6.57 million shares over 14,703 trades, against an average daily volume of n/a shares and a total float of 110.14 million.

As a result of the decline, Eros International PLC A now has a market cap of $160.81 million. In the last year, shares of Eros International PLC A have traded between a range of $12.81 and $1.14, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Eros International PLC is an Indian film production and distribution company. It distributes its film content across multiplex chains and stand-alone theaters and broadcasts television content via tie-ups with channels such as ZEE TV and Star TV. The company also has a digital presence through its website; www.erosnow.com and an independent channel on Youtube. Geographically, it has a presence in India, North America, Europe and Rest of the world. The company primary revenue streams are derived from three channels: theatrical, television syndication and digital and ancillary.

Eros International PLC A is based out of Secaucus, NJ and has some 396 employees. Its CEO is .

Eros International PLC A 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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