Elizabeth Arden (RDEN) Showing Signs Of Perilous Reversal Today

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

  • RDEN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $24.5 million.
  • RDEN has traded 111,477 shares today.
  • RDEN is down 3.2% today.
  • RDEN was up 11.1% yesterday.

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More details on RDEN:

Elizabeth Arden, Inc., a beauty products company, engages in the manufacture, distribution, marketing, and sale of fragrances, skin care, and cosmetic products worldwide. Currently there is 1 analyst that rates Elizabeth Arden a buy, 1 analyst rates it a sell, and 4 rate it a hold.

The average volume for Elizabeth Arden has been 598,400 shares per day over the past 30 days. Elizabeth Arden has a market cap of $447.1 million and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 1.18 and a short float of 7.7% with 1.50 days to cover. Shares are down 52.8% year-to-date as of the close of trading on Wednesday.

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