Perilous Reversal Stock: Illumina (ILMN)

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Trade-Ideas LLC identified Illumina ( ILMN) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Illumina as such a stock due to the following factors:

  • ILMN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $166.9 million.
  • ILMN has traded 853,361 shares today.
  • ILMN is down 3.1% today.
  • ILMN was up 5.2% yesterday.

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More details on ILMN:

Illumina, Inc. develops, manufactures, and markets life science tools and integrated systems for the analysis of genetic variation and function in North America, Europe, Latin America, the Asia-Pacific, the Middle East, and South Africa. ILMN has a PE ratio of 105.4. Currently there are 9 analysts that rate Illumina a buy, no analysts rate it a sell, and 8 rate it a hold.

The average volume for Illumina has been 1.4 million shares per day over the past 30 days. Illumina has a market cap of $22.2 billion and is part of the health care sector and drugs industry. The stock has a beta of 0.84 and a short float of 18.3% with 4.47 days to cover. Shares are up 43.9% year-to-date as of the close of trading on Friday.

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