Express (EXPR) Moving On Heavy Pre-Market Trading

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 Express ( EXPR) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Express as such a stock due to the following factors:

  • EXPR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $17.3 million.
  • EXPR traded 115,375 shares today in the pre-market hours as of 8:00 AM, representing 10.5% of its average daily volume.

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More details on EXPR:

Express, Inc. operates as a specialty apparel and accessory retailer primarily in the United States. Its stores provide apparel and accessories for women and men between 20 and 30 years old across various aspects of the lifestyles comprising work, casual, jeanswear, and going-out occasions. EXPR has a PE ratio of 13.7. Currently there are 6 analysts that rate Express a buy, no analysts rate it a sell, and 7 rate it a hold.

The average volume for Express has been 2.0 million shares per day over the past 30 days. Express has a market cap of $1.2 billion and is part of the services sector and retail industry. The stock has a beta of 1.59 and a short float of 5% with 5.30 days to cover. Shares are down 21.6% year-to-date as of the close of trading on Monday.

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