Today's Dead Cat Bounce Stock: Herbalife (HLF)

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Trade-Ideas LLC identified Herbalife ( HLF) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Herbalife as such a stock due to the following factors:

  • HLF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $86.2 million.
  • HLF has traded 410,699 shares today.
  • HLF is up 4.1% today.
  • HLF was down 10.3% yesterday.

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More details on HLF:

Herbalife Ltd., a nutrition company, sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products worldwide. The stock currently has a dividend yield of 1.8%. HLF has a PE ratio of 10.0. Currently there are 4 analysts that rate Herbalife a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Herbalife has been 2.6 million shares per day over the past 30 days. Herbalife has a market cap of $4.1 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 2.53 and a short float of 35% with 13.37 days to cover. Shares are down 48.9% year-to-date as of the close of trading on Monday.

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