Tenneco Inc. Class A Voting (TEN) Soars 7.55%

Tenneco Inc. Class A Voting (TEN) Soars 7.55%

Tenneco Inc. Class A Voting (TEN) had a good day on the market for Tuesday October 22 as shares jumped 7.55% to close at $14.38. About 1.14 million shares traded hands on 8,375 trades for the day, compared with an average daily volume of n/a shares out of a total float of 80.92 million. After opening the trading day at $13.26, shares of Tenneco Inc. Class A Voting stayed within a range of $14.42 to $12.92.

With today’s gains, Tenneco Inc. Class A Voting now has a market cap of $1.16 billion. Shares of Tenneco Inc. Class A Voting have been trading within a range of $39.12 and $7.62 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Tenneco’s emissions-control products meet strict air-quality legislation, optimize engine performance, improve fuel economy, and acoustically tune engine sound to fit a vehicle’s profile. Ride-control products enhance safety by enabling improved steering, braking, and acceleration as well as improving ride comfort. Anco, Champion, Clevite, Moog, Monroe, and Walker are some of Tenneco’s well-known aftermarket brands.

Tenneco Inc. Class A Voting is based out of Lake Forest, IL and has some 81,000 employees. Its CEO is Brian J. Kesseler / Roger J. Wood.

Tenneco Inc. Class A Voting 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.

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