Williams-Sonoma (WSM): Heavy Pre-Market Activity

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

  • WSM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $74.7 million.
  • WSM traded 115,602 shares today in the pre-market hours as of 8:28 AM, representing 10.3% of its average daily volume.

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

More details on WSM:

Williams-Sonoma Inc. operates as a multi-channel specialty retailer of home products. The company operates in two segments, Direct-to-Customer and Retail. The stock currently has a dividend yield of 1.8%. WSM has a PE ratio of 25.7. Currently there are 10 analysts that rate Williams-Sonoma a buy, no analysts rate it a sell, and 12 rate it a hold.

The average volume for Williams-Sonoma has been 815,600 shares per day over the past 30 days. Williams-Sonoma has a market cap of $7.0 billion and is part of the services sector and retail industry. The stock has a beta of 1.28 and a short float of 4.3% with 4.43 days to cover. Shares are up 28.4% year-to-date as of the close of trading on Tuesday.

If you liked this article you might like

The Strangest Star Wars Stuff Available in Force Friday II

Vision of 2 Retailers; Panic's Length -- Jim Cramer's Top Thoughts

Jackson Hole and a Solar Eclipse -- Week in Review

Waiting for Confirmation -- Very Expensive