Family Dollar Stores (FDO) Hits New Lifetime High

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 Family Dollar Stores ( FDO) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Family Dollar Stores as such a stock due to the following factors:

  • FDO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $319.7 million.
  • FDO has traded 443,846 shares today.
  • FDO is trading at a new lifetime high.

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More details on FDO:

Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States. The stock currently has a dividend yield of 1.6%. FDO has a PE ratio of 26.1. Currently there is 1 analyst that rates Family Dollar Stores a buy, 2 analysts rate it a sell, and 13 rate it a hold.

The average volume for Family Dollar Stores has been 3.2 million shares per day over the past 30 days. Family Dollar Stores has a market cap of $9.1 billion and is part of the services sector and retail industry. The stock has a beta of 0.38 and a short float of 6.4% with 2.01 days to cover. Shares are up 22.9% year-to-date as of the close of trading on Thursday.

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