Signet Jewelers (SIG) Moving On Heavy Volume In The Pre-Market Hours

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

  • SIG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $64.4 million.
  • SIG traded 100,379 shares today in the pre-market hours as of 8:54 AM, representing 17.6% of its average daily volume.

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More details on SIG:

Signet Jewelers Limited is engaged in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company operates through US and UK divisions. The stock currently has a dividend yield of 0.7%. SIG has a PE ratio of 23.4. Currently there are 6 analysts that rate Signet Jewelers a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Signet Jewelers has been 634,600 shares per day over the past 30 days. Signet Jewelers has a market cap of $8.7 billion and is part of the services sector and specialty retail industry. The stock has a beta of 1.85 and a short float of 2.3% with 2.82 days to cover. Shares are up 37.8% year-to-date as of the close of trading on Tuesday.

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