Dresser-Rand Group (DRC) Is Today's Unusual Social Activity 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 Dresser-Rand Group ( DRC) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Dresser-Rand Group as such a stock due to the following factors:

  • DRC has 18x the normal benchmarked social activity for this time of the day compared to its average of 4.32 mentions/day.
  • DRC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $257.6 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

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More details on DRC:

Dresser-Rand Group Inc., together with its subsidiaries, designs, manufactures, sells, and services rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. DRC has a PE ratio of 44.0. Currently there are 5 analysts that rate Dresser-Rand Group a buy, 1 analyst rates it a sell, and 7 rate it a hold.

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