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

  • YHOO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $675.5 million.
  • YHOO traded 2.4 million shares today in the pre-market hours as of 9:14 AM, representing 14.5% of its average daily volume.

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More details on YHOO:

Yahoo! Inc. operates as a technology company worldwide. YHOO has a PE ratio of 33.5. Currently there are 14 analysts that rate Yahoo a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Yahoo has been 18.7 million shares per day over the past 30 days. Yahoo has a market cap of $38.7 billion and is part of the technology sector and internet industry. The stock has a beta of 1.04 and a short float of 2.8% with 1.66 days to cover. Shares are down 3.1% year-to-date as of the close of trading on Thursday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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