Dick's Sporting Goods (DKS) Moving On Heavy Volume In The Pre-Market Hours

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Trade-Ideas LLC identified Dick's Sporting Goods ( DKS) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Dick's Sporting Goods as such a stock due to the following factors:

  • DKS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $85.6 million.
  • DKS traded 235,880 shares today in the pre-market hours as of 8:56 AM, representing 12.5% of its average daily volume.

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More details on DKS:

Dick's Sporting Goods, Inc. operates as a sports and fitness retailer primarily in the eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products. The stock currently has a dividend yield of 1.2%. DKS has a PE ratio of 15.7. Currently there are 9 analysts that rate Dick's Sporting Goods a buy, no analysts rate it a sell, and 12 rate it a hold.

The average volume for Dick's Sporting Goods has been 2.2 million shares per day over the past 30 days. Dick's Sporting Goods has a market cap of $4.2 billion and is part of the services sector and specialty retail industry. The stock has a beta of 1.31 and a short float of 6.3% with 3.04 days to cover. Shares are down 26% year-to-date as of the close of trading on Friday.

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