Today's Pre-Market Mover With Heavy Volume: Juniper Networks (JNPR)

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Trade-Ideas LLC identified Juniper Networks ( JNPR) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Juniper Networks as such a stock due to the following factors:

  • JNPR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $135.8 million.
  • JNPR traded 658,806 shares today in the pre-market hours as of 8:48 AM, representing 11.1% of its average daily volume.

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More details on JNPR:

Juniper Networks, Inc. designs, develops, and sells products and services for high-performance networks worldwide. The company operates in two segments, Platform Systems Division and Software Solutions Division. JNPR has a PE ratio of 26.7. Currently there are 13 analysts that rate Juniper Networks a buy, no analysts rate it a sell, and 13 rate it a hold.

The average volume for Juniper Networks has been 6.3 million shares per day over the past 30 days. Juniper has a market cap of $11.3 billion and is part of the technology sector and computer hardware industry. The stock has a beta of 2.13 and a short float of 1.4% with 1.55 days to cover. Shares are up 8.3% year-to-date as of the close of trading on Monday.

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