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Trade-Ideas LLC identified

Voya Financial

(

VOYA

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

  • VOYA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $100.1 million.
  • VOYA has traded 199,983 shares today.
  • VOYA is trading at 3.49 times the normal volume for the stock at this time of day.
  • VOYA 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 VOYA:

TheStreet Recommends

Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. It operates through five segments: Retirement, Annuities, Investment Management, Individual Life, and Employee Benefits. The stock currently has a dividend yield of 0.2%. VOYA has a PE ratio of 13. Currently there are 8 analysts that rate Voya Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Voya Financial has been 2.2 million shares per day over the past 30 days. Voya Financial has a market cap of $5.0 billion and is part of the financial sector and financial services industry. The stock has a beta of 1.58 and a short float of 1.4% with 0.66 days to cover. Shares are down 36.4% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Voya Financial as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow.

Highlights from the ratings report include:

  • VOYA's revenue growth has slightly outpaced the industry average of 7.7%. Since the same quarter one year prior, revenues rose by 15.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • VOYA FINANCIAL INC has improved earnings per share by 17.9% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, VOYA FINANCIAL INC reported lower earnings of $1.71 versus $9.15 in the prior year. This year, the market expects an improvement in earnings ($3.10 versus $1.71).
  • Net operating cash flow has decreased to $652.60 million or 38.06% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. When compared to other companies in the Diversified Financial Services industry and the overall market, VOYA FINANCIAL INC's return on equity is below that of both the industry average and the S&P 500.

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