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

Fulton Financial

(

FULT

) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Fulton Financial as such a stock due to the following factors:

  • FULT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.8 million.
  • FULT has traded 226,256 shares today.
  • FULT is trading at 6.84 times the normal volume for the stock at this time of day.
  • FULT is trading at a new low 3.04% below yesterday's close.

'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

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More details on FULT:

Fulton Financial Corporation operates as a multi-bank financial holding company that provides a range of banking and financial services to businesses and consumers. The stock currently has a dividend yield of 2.9%. FULT has a PE ratio of 14.6. Currently there is 1 analyst that rates Fulton Financial a buy, no analysts rate it a sell, and 8 rate it a hold.

The average volume for Fulton Financial has been 863,100 shares per day over the past 30 days. Fulton Financial has a market cap of $2.2 billion and is part of the financial sector and banking industry. The stock has a beta of 1.15 and a short float of 1.7% with 3.65 days to cover. Shares are down 0.6% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Fulton Financial as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:

  • FULT's revenue growth has slightly outpaced the industry average of 0.5%. Since the same quarter one year prior, revenues slightly increased by 1.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displaying stagnant earnings per share.
  • The gross profit margin for FULTON FINANCIAL CORP is currently very high, coming in at 90.29%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 21.01% is above that of the industry average.
  • FULTON FINANCIAL CORP reported flat earnings per share in the most recent quarter. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. We anticipate these figures will begin to experience more growth in the coming year. During the past fiscal year, FULTON FINANCIAL CORP increased its bottom line by earning $0.85 versus $0.84 in the prior year. This year, the market expects an improvement in earnings ($0.87 versus $0.85).
  • The change in net income from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Commercial Banks industry average. The net income has decreased by 4.2% when compared to the same quarter one year ago, dropping from $41.78 million to $40.04 million.

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