Trade-Ideas LLC identified

Platform Specialty Products



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

  • PAH has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $78.9 million.
  • PAH has traded 307,850 shares today.
  • PAH is trading at 2.70 times the normal volume for the stock at this time of day.
  • PAH is trading at a new low 3.03% 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 PAH:

Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, Asia, and Europe. Currently there is 1 analyst that rates Platform Specialty Products a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Platform Specialty Products has been 4.6 million shares per day over the past 30 days. Platform Specialty has a market cap of $2.2 billion and is part of the basic materials sector and chemicals industry. Shares are down 44.5% year-to-date as of the close of trading on Wednesday.

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TheStreet Quant Ratings

rates Platform Specialty Products as a


. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and generally disappointing historical performance in the stock itself.

Highlights from the ratings report include:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Chemicals industry. The net income has significantly decreased by 1129.4% when compared to the same quarter one year ago, falling from $11.87 million to -$122.20 million.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 49.51%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 825.00% compared to the year-earlier quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.
  • PLATFORM SPECIALTY PRODUCTS has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This year, the market expects an improvement in earnings ($0.63 versus -$1.58).
  • The gross profit margin for PLATFORM SPECIALTY PRODUCTS is rather high; currently it is at 51.64%. Despite the high profit margin, it has decreased significantly from the same period last year. Despite the mixed results of the gross profit margin, PAH's net profit margin of -20.45% significantly underperformed when compared to the industry average.
  • Net operating cash flow has slightly increased to $30.80 million or 1.84% when compared to the same quarter last year. Despite an increase in cash flow, PLATFORM SPECIALTY PRODUCTS's cash flow growth rate is still lower than the industry average growth rate of 13.70%.

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