New Lifetime High For Wells Fargo (WFC)

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 Wells Fargo ( WFC) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Wells Fargo as such a stock due to the following factors:

  • WFC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $633.0 million.
  • WFC has traded 25,934 shares today.
  • WFC is trading at a new lifetime high.

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More details on WFC:

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The stock currently has a dividend yield of 2.7%. WFC has a PE ratio of 12.8. Currently there are 10 analysts that rate Wells Fargo a buy, 2 analysts rate it a sell, and 7 rate it a hold.

The average volume for Wells Fargo has been 13.1 million shares per day over the past 30 days. Wells Fargo has a market cap of $271.1 billion and is part of the financial sector and banking industry. The stock has a beta of 0.86 and a short float of 0.7% with 2.76 days to cover. Shares are up 15.2% year-to-date as of the close of trading on Tuesday.

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