Express Inc. (EXPR) had a rough trading day for Wednesday October 23 as shares tumbled 7.45%, or a loss of $-0.26 per share, to close at $3.23. After opening the day at $3.51, shares of Express Inc. traded as high as $3.56 and as low as $3.22. Volume was 1.52 million shares over 7,578 trades, against an average daily volume of n/a shares and a total float of 67.27 million.
As a result of the decline, Express Inc. now has a market cap of $217.27 million. In the last year, shares of Express Inc. have traded between a range of $9.64 and $1.83, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
Express, Inc. is a United States based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sell the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America pursuant to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparels.
Express Inc. is based out of Columbus, OH and has some 15,700 employees. Its CEO is Timothy G. Baxter.
Express 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.