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Fabrinet (FN) had a rough trading day for Monday April 16 as shares tumbled 9.81%, or a loss of $-3.28 per share, to close at $30.17. After opening the day at $32.52, shares of Fabrinet traded as high as $32.58 and as low as $29.58. Volume was 1.7 million shares over 10,755 trades, against an average daily volume of 617,265 shares and a total float of 37.31 million.
As a result of the decline, Fabrinet now has a market cap of $1.13 billion.
The stock has a P/E Ratio of 14.2.
In the last year, shares of Fabrinet have traded between a range of $47.02 and $24.02, and its 50-day SMA is currently $30.75 and 200-day SMA is $34.63.
For a complete fundamental analysis of Fabrinet, check out Equities.com’s Stock Valuation Analysis report for FN.
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Fabrinet is engaged in providing outsourced manufacturing services to original equipment manufacturers. It offers a wide range of optical and electro-mechanical manufacturing capabilities across the whole producing process.
Fabrinet is based out of Grand Cayman, and has some 10,541 employees. Its CEO is Seamus Grady.
Fabrinet 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.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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