Noranda Aluminum drops 5.47% on September 8

Noranda Aluminum Holding (NOR) was one of the Russell 2000's biggest losers for September 8 as the stock slid 5.47% to $4.32, a loss of $0.25 per share. Starting at an opening price of $4.55 a share, the stock traded between $4.30 and $4.58 over the course of the trading day. Volume was 765,416 shares over 3,026 trades, against an average daily volume of 765,550 shares and a total float of 68,852,804.

The losses send Noranda Aluminum Holding down to a market cap of $297,444,113. In the last year, Noranda Aluminum Holding has traded between $5.08 and $2.21, and its 50-day SMA is currently $4.21 and 200-day SMA is $3.65.

For a full analysis of Noranda Aluminum Holding, check out Equities.com's E.V.A. report.

Noranda Aluminum Holding Corp is a North American integrated producer of value-added primary aluminum products and high quality rolled aluminum coils.

Noranda Aluminum Holding, led by CEO Layle K. Smith, has 2350 employees and is headquartered in Franklin, TN.

One of the most effective tools for tracking the market for small-cap stocks is the Russell 2000, the nation's leading small-cap index created by industry stalwart Russell Investments. Unlike the well-known Dow Jones Industrial Average (DJIA) and S&P 500, Russell's indices eschew committee selection in favor of a more objective, rules-based system for selecting index membership.

The broad-based Russell 3000, which is meant to cover the stock market as a whole, is simply the 3,000 companies with the largest market cap in the United States. The Russell 2000 is then just the bottom 2,000 companies of that index, offering a look at those small-cap companies with smaller market caps. It makes for an unbiased overview of the small-cap stocks that can help any investor get a better sense of what the market is doing and where it might be headed.

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