Trade-Ideas LLC identified

Era Group



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

  • ERA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $3.7 million.
  • ERA has traded 73,082 shares today.
  • ERA is trading at 3.51 times the normal volume for the stock at this time of day.
  • ERA is trading at a new high 4.22% 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 ERA with the Ticky from Trade-Ideas. See the FREE profile for ERA NOW at Trade-Ideas

More details on ERA:

Era Group Inc. provides helicopter transportation services primarily to the oil and gas exploration, development, and production companies. ERA has a PE ratio of 18. Currently there are 2 analysts that rate Era Group a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Era Group has been 132,600 shares per day over the past 30 days. Era Group has a market cap of $340.0 million and is part of the services sector and transportation industry. The stock has a beta of 0.47 and a short float of 6.1% with 4.81 days to cover. Shares are down 21.6% year-to-date as of the close of trading on Monday.

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.


TheStreet Quant Ratings

rates Era Group as a


. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.

Highlights from the ratings report include:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Energy Equipment & Services industry. The net income increased by 117.1% when compared to the same quarter one year prior, rising from $5.22 million to $11.33 million.
  • The debt-to-equity ratio is somewhat low, currently at 0.62, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.14, which illustrates the ability to avoid short-term cash problems.
  • Regardless of the drop in revenue, the company managed to outperform against the industry average of 22.3%. Since the same quarter one year prior, revenues fell by 18.3%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • ERA's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 29.96%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last 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.
  • Net operating cash flow has decreased to $13.94 million or 35.48% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.

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.