K12 Inc. (LRN) Drops 6.81% on January 06 – Equities.com Global Financial Community

K12 Inc. (LRN) Drops 6.81% on January 06 – Equities.com Global Financial Community

K12 Inc. (LRN) Drops 6.81% on January 06

K12 Inc. ($LRN) was one of the Russell 2000's biggest losers for Tuesday January 06 as the stock slid 6.81% to $10.53, a loss of $-0.77 per share. Starting at an opening price of $11.48 a share, the stock traded between $10.52 and $11.48 over the course of the trading day. Volume was 258,547 shares over 2,060 trades, against an average daily volume of 433,812 shares and a total float of 38.29 million.

The losses send K12 Inc. down to a market cap of $403.19 million. In the last year, K12 Inc. has traded between $26.20 and $11.08, and its 50-day SMA is currently $12.39 and 200-day SMA is $18.93.

The stock has a P/E Ratio of 25.1.

K12 Inc is a technology-based education company. It offers proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.

K12 Inc. is based out of Herndon, VA and has some 4,200 employees. Its CEO is Nathaniel A. Davis.

For a full analysis of K12 Inc., check out Equities.com's E.V.A. report.

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.

For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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