Early Morning Activity Shows Cisco Systems (CSCO) Down

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Trade-Ideas LLC identified Cisco Systems ( CSCO) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Cisco Systems as such a stock due to the following factors:

  • CSCO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $639.7 million.
  • CSCO traded 14,778 shares today in the pre-market hours as of 7:41 AM.
  • CSCO is down 2% today from yesterday's close.

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More details on CSCO:

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide. The stock currently has a dividend yield of 3%. CSCO has a PE ratio of 17.4. Currently there are 16 analysts that rate Cisco Systems a buy, 1 analyst rates it a sell, and 9 rate it a hold.

The average volume for Cisco Systems has been 30.7 million shares per day over the past 30 days. Cisco Systems has a market cap of $131.7 billion and is part of the technology sector and computer hardware industry. The stock has a beta of 1.22 and a short float of 1.2% with 2.73 days to cover. Shares are up 14.3% year-to-date as of the close of trading on Wednesday.

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