Trade-Ideas: Super Micro Computer (SMCI) Is Today's

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Super Micro Computer ( SMCI) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Super Micro Computer as such a stock due to the following factors:

  • SMCI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $12.8 million.
  • SMCI has traded 51,531 shares today.
  • SMCI is up 3.1% today.
  • SMCI was down 7.7% yesterday.

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More details on SMCI:

Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open-standard architecture in the United States and internationally. SMCI has a PE ratio of 20.1. Currently there are 3 analysts that rate Super Micro Computer a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Super Micro Computer has been 452,600 shares per day over the past 30 days. Super Micro Computer has a market cap of $1.2 billion and is part of the technology sector and computer hardware industry. The stock has a beta of 1.30 and a short float of 9% with 5.24 days to cover. Shares are up 44.6% year-to-date as of the close of trading on Wednesday.

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