Unusual Social Activity Around Zoetis (ZTS) Today
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Trade-Ideas LLC identified
(
) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Zoetis as such a stock due to the following factors:
- ZTS has more that 20x the normal benchmarked social activity for this time of the day compared to its average of 7.55 mentions/day.
- ZTS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $180.3 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 ZTS:
Zoetis Inc. is engaged in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals worldwide. It operates through four segments: United States, Europe/Africa/Middle East, Canada/Latin America, and Asia/Pacific. The stock currently has a dividend yield of 0.9%. ZTS has a PE ratio of 30.8.
The average volume for Zoetis has been 2.8 million shares per day over the past 30 days. Zoetis has a market cap of $18.9 billion and is part of the health care sector and drugs industry. Shares are up 15.2% year-to-date as of the close of trading on Monday.
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