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Axovant Sciences Ltd. (AXON) had a good day on the market for Friday July 13 as shares jumped 6.8% to close at $2.67. About 2.74 million shares traded hands on 7,914 trades for the day, compared with an average daily volume of 4.46 million shares out of a total float of 107.79 million. After opening the trading day at $2.50, shares of Axovant Sciences Ltd. stayed within a range of $2.74 to $2.47.
With today’s gains, Axovant Sciences Ltd. now has a market cap of $287.79 million. Shares of Axovant Sciences Ltd. have been trading within a range of $27.98 and $1.02 over the last year, and it had a 50-day SMA of $2.23 and a 200-day SMA of $3.41.
Axovant Sciences Ltd is a clinical-stage biopharmaceutical company focused on the acquisition, development and commercialization of novel therapeutics for the treatment of dementia.
Axovant Sciences Ltd. is based out of London, and has some 45 employees. Its CEO is Pavan Cheruvu.
For a complete fundamental analysis of Axovant Sciences Ltd., check out Equities.com’s Stock Valuation Analysis report for AXON.
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Axovant Sciences Ltd. 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.
To get more information on Axovant Sciences Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here: AXON’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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