Unusual Social Activity Around PVH (PVH) Today
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified PVH as such a stock due to the following factors:
- PVH has more that 20x the normal benchmarked social activity for this time of the day compared to its average of 6.94 mentions/day.
- PVH has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $199.5 million.
Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.
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More details on PVH:
PVH Corp. operates as an apparel company in the United States and internationally.
The average volume for PVH has been 993,900 shares per day over the past 30 days. PVH has a market cap of $10.3 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 0.70 and a short float of 2.3% with 1.26 days to cover.
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