Trade-Ideas LLC identified

Mobileye

(

MBLY

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

  • MBLY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $146.7 million.
  • MBLY has traded 293,679 shares today.
  • MBLY is trading at 2.02 times the normal volume for the stock at this time of day.
  • MBLY is trading at a new high 3.02% 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.

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More details on MBLY:

Mobileye N.V., together with its subsidiaries, develops computer vision and machine learning, data analysis, and localization and mapping for advanced driver assistance systems and autonomous driving technologies primarily in Israel. MBLY has a PE ratio of 117. Currently there are 10 analysts that rate Mobileye a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Mobileye has been 2.8 million shares per day over the past 30 days. Mobileye has a market cap of $8.7 billion and is part of the technology sector and computer software & services industry. Shares are down 4.5% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Mobileye as a

sell

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

Highlights from the ratings report include:

  • MBLY has underperformed the S&P 500 Index, declining 20.18% from its price level of one year ago. Looking ahead, other than the push or pull of the broad market, we do not see anything in the company's numbers that may help reverse the decline experienced over the past 12 months. Despite the past decline, the stock is still selling for more than most others in its industry.
  • The gross profit margin for MOBILEYE NV is currently very high, coming in at 76.49%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 29.14% significantly outperformed against the industry average.
  • Net operating cash flow has significantly increased by 51.23% to $32.46 million when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 21.84%.
  • MBLY has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 6.03, which clearly demonstrates the ability to cover short-term cash needs.

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