Today's Dead Cat Bounce Stock: Perfect World (PWRD)

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

  • PWRD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.2 million.
  • PWRD has traded 168,894 shares today.
  • PWRD is up 4.7% today.
  • PWRD was down 12.1% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in PWRD with the Ticky from Trade-Ideas. See the FREE profile for PWRD NOW at Trade-Ideas

More details on PWRD:

Perfect World Co., Ltd., through its subsidiaries, operates as an online game developer and operator in the People's Republic of China, North America, and internationally. The company develops online games based on its proprietary game engines and development platforms. The stock currently has a dividend yield of 2%. PWRD has a PE ratio of 16.4. Currently there are 4 analysts that rate Perfect World a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Perfect World has been 328,900 shares per day over the past 30 days. Perfect World has a market cap of $1.1 billion and is part of the technology sector and computer software & services industry. Shares are up 13.5% year-to-date as of the close of trading on Tuesday.

If you liked this article you might like

Market News: Linn Energy, Weight Watchers, Perfect World

Buyout Offer Spurs Surge For Perfect World Co. (PWRD)

Perfect World (PWRD) Stock Soaring Today After Chairman's Share Acquisition Offer