Concur Technologies (CNQR) Is Today's Pre-Market Mover With Heavy Volume Stock

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

  • CNQR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $75.4 million.
  • CNQR traded 79,780 shares today in the pre-market hours as of 7:56 AM, representing 13.6% of its average daily volume.

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More details on CNQR:

Concur Technologies, Inc. provides integrated travel and expense management solutions for companies worldwide. Currently there are 5 analysts that rate Concur Technologies a buy, 2 analysts rate it a sell, and 6 rate it a hold.

The average volume for Concur Technologies has been 548,800 shares per day over the past 30 days. Concur has a market cap of $6.1 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 0.79 and a short float of 23.7% with 11.21 days to cover. Shares are up 4.8% year-to-date as of the close of trading on Tuesday.

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