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Higher One : ONE) Jumps 7.03% on April 03

04/03/2015 | 05:00pm US/Eastern

Higher One Holdings (ONE) was among the biggest gainers on the Russell 2000 for Friday April 03 as the stock popped 7.03% to $2.74, representing a gain of $0.18 per share. Some 190,248 shares traded hands on 1,063 trades, compared with an average daily volume of 188,310 shares out of a total float of 47.67 million. The stock opened at $2.57 and traded with an intraday range of $2.75 to $2.54.

After today's gains, Higher One Holdings reached a market cap of $130.61 million. Higher One Holdings has had a trading range between $7.02 and $2.15 over the last year, and it had a 50-day SMA of $3.12 and a 200-day SMA of $3.45.

The stock has a P/E Ratio of 8.8.

Higher One Holdings Inc provides technology-based refund disbursement, payment processing and data analytics services to higher education institutions and students.

Higher One Holdings is based out of New Haven, CT and has some 1,300 employees. Its CEO is Marc Sheinbaum.

For a full analysis of Higher One Holdings, 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.

Copyright 2015.Equities.com. All rights reserved., source Equities Open

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