Pinnacle Foods (PF) Is Today's Pre-Market Mover With Heavy Volume Stock

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

  • PF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.5 million.
  • PF traded 51,710 shares today in the pre-market hours as of 8:17 AM, representing 10.8% of its average daily volume.

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More details on PF:

Pinnacle Foods Inc., through its subsidiaries, manufactures, markets, and distributes branded convenience food products in North America. It operates through three segments: Birds Eye Frozen, Duncan Hines Grocery, and Specialty Foods. The stock currently has a dividend yield of 2.8%. PF has a PE ratio of 21.8. Currently there are 4 analysts that rate Pinnacle Foods a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for Pinnacle Foods has been 808,200 shares per day over the past 30 days. Pinnacle has a market cap of $3.9 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 23.2% year-to-date as of the close of trading on Friday.

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