Today's Pre-Market Trading Very Positive For EMC (EMC)

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 EMC ( EMC) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified EMC as such a stock due to the following factors:

  • EMC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $490.7 million.
  • EMC traded 58,609 shares today in the pre-market hours as of 8:00 AM.
  • EMC is up 2.4% today from yesterday's close.

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More details on EMC:

EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. It operates in three segments: Information Storage, Information Intelligence Group, and RSA Information Security. The stock currently has a dividend yield of 1.6%. EMC has a PE ratio of 24.4. Currently there are 20 analysts that rate EMC a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for EMC has been 15.5 million shares per day over the past 30 days. EMC has a market cap of $59.8 billion and is part of the technology sector and computer hardware industry. The stock has a beta of 1.45 and a short float of 1.7% with 1.74 days to cover. Shares are up 17.5% year-to-date as of the close of trading on Tuesday.

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