Era Group Inc. (ERA) Soars 6.25%

Era Group Inc. (ERA) Soars 6.25%

Era Group Inc. (ERA) had a good day on the market for Monday November 25 as shares jumped 6.25% to close at $9.86. About 66,471 shares traded hands on 952 trades for the day, compared with an average daily volume of n/a shares out of a total float of 21.29 million. After opening the trading day at $9.31, shares of Era Group Inc. stayed within a range of $9.88 to $9.30.

With today’s gains, Era Group Inc. now has a market cap of $209.91 million. Shares of Era Group Inc. have been trading within a range of $12.43 and $6.95 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Era Group Inc provides helicopter transportation services primarily to the oil and gas exploration, development, and production companies. Its helicopter services include emergency response search and rescue; Alaska flightseeing tours; and other services, as well as utility services to support firefighting, mining, power line, and pipeline survey activities. The company also leases helicopters to third parties and foreign affiliates; engineers, manufactures, and distributes after-market helicopter parts and accessories; and provides classroom instruction, flight simulator, and other training services.

Era Group Inc. is based out of Houston, TX and has some 693 employees. Its CEO is Christopher S. Bradshaw.

Era Group 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.

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