Trade-Ideas LLC identified

Rudolph Technologies

(

RTEC

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

  • RTEC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $3.4 million.
  • RTEC has traded 130,071 shares today.
  • RTEC is trading at 9.02 times the normal volume for the stock at this time of day.
  • RTEC is trading at a new high 5.03% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into 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. 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.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in RTEC with the Ticky from Trade-Ideas. See the FREE profile for RTEC NOW at Trade-Ideas

More details on RTEC:

Rudolph Technologies, Inc. designs, develops, manufactures, and supports defect inspection, advanced packaging lithography, thin film metrology, and data analysis systems and software used in microelectronics device manufacturers. RTEC has a PE ratio of 27. Currently there are 4 analysts that rate Rudolph Technologies a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Rudolph Technologies has been 228,800 shares per day over the past 30 days. Rudolph has a market cap of $433.5 million and is part of the technology sector and electronics industry. The stock has a beta of 0.98 and a short float of 6.2% with 7.32 days to cover. Shares are up 36% year-to-date as of the close of trading on Thursday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Rudolph Technologies as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Highlights from the ratings report include:

  • The revenue growth greatly exceeded the industry average of 10.8%. Since the same quarter one year prior, revenues rose by 24.8%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • RTEC's debt-to-equity ratio is very low at 0.21 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, RTEC has a quick ratio of 2.04, which demonstrates the ability of the company to cover short-term liquidity needs.
  • Powered by its strong earnings growth of 833.33% and other important driving factors, this stock has surged by 54.80% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, RTEC should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income increased by 821.2% when compared to the same quarter one year prior, rising from -$1.00 million to $7.20 million.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.