Trade-Ideas LLC identified
) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Tupperware Brands as such a stock due to the following factors:
- TUP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $27.9 million.
- TUP has traded 1.2 million shares today.
- TUP is trading at 71.45 times the normal volume for the stock at this time of day.
- TUP is trading at a new low 15.02% 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 TUP:
Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories worldwide. The stock currently has a dividend yield of 5.4%. TUP has a PE ratio of 12. Currently there are 2 analysts that rate Tupperware Brands a buy, 1 analyst rates it a sell, and 5 rate it a hold.
The average volume for Tupperware Brands has been 518,700 shares per day over the past 30 days. Tupperware has a market cap of $2.5 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 1.68 and a short float of 13.8% with 9.39 days to cover. Shares are down 7.5% year-to-date as of the close of trading on Tuesday.
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rates Tupperware Brands as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself.
Highlights from the ratings report include:
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Household Durables industry and the overall market, TUPPERWARE BRANDS CORP's return on equity significantly exceeds that of both the industry average and the S&P 500.
- The gross profit margin for TUPPERWARE BRANDS CORP is rather high; currently it is at 69.88%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 6.94% is above that of the industry average.
- Net operating cash flow has slightly increased to $48.10 million or 6.65% when compared to the same quarter last year. Despite an increase in cash flow of 6.65%, TUPPERWARE BRANDS CORP is still growing at a significantly lower rate than the industry average of 123.93%.
- TUP has underperformed the S&P 500 Index, declining 21.13% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
- The debt-to-equity ratio is very high at 7.18 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.44, which clearly demonstrates the inability to cover short-term cash needs.
- You can view the full Tupperware Brands Ratings Report.