Microtek Medical Holdings Added to Russell 2000 Index COLUMBUS, Miss., June 28 /PRNewswire-FirstCall/ -- Microtek Medical Holdings, Inc. (NASDAQ:MTMD), a leading manufacturer and distributor of specialty infection control products, today announced that its stock has been added to the Russell 2000 Index. The index, compiled by the Frank Russell Company, is a ranking of the smallest two-thirds of the largest 3,000 U.S. stocks, as measured by market capitalization. At the close of trading on June 24, 2004, Microtek's market capitalization was approximately $214 million. Dan R. Lee, Microtek's President and Chief Executive Officer, said, "Being included in the Russell 2000 Index is another milestone for Microtek and a reflection of the success of our long-term growth strategies and our ongoing financial improvements. Inclusion in the index will increase our visibility within the investment community thereby introducing Microtek to a greater number of investors." Membership in the Russell 2000 index is determined by market capitalization rankings and a Russell Company "non-linear probability" method determines growth and value characteristics. Russell indices are widely used as benchmarks for evaluating company performance in the U.S. equity market and the Russell 2000 index provides a comprehensive and unbiased barometer for small-cap stocks. About Microtek Medical Holdings, Inc. The Company, a market leader in the healthcare industry, develops, manufactures and sells infection control products, fluid control products and safety products to healthcare professionals for use in environments such as operating rooms and outpatient surgical centers. DATASOURCE: Microtek Medical Holdings, Inc. CONTACT: Dan R. Lee, President & CEO, or Jerry Wilson, CFO, both of Microtek; or John Mills for Microtek, +1-800-476-5973, or Web site: http://www.microtekmed.com/

Copyright

Microtek Medical (NASDAQ:MTMD)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Microtek Medical Charts.
Microtek Medical (NASDAQ:MTMD)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Microtek Medical Charts.