Athlon Energy (ATHL) Moving On Heavy Volume In The Pre-Market Hours

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

  • ATHL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $57.0 million.
  • ATHL traded 490,100 shares today in the pre-market hours as of 8:00 AM, representing 50% of its average daily volume.

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More details on ATHL:

Athlon Energy Inc., an independent exploration and production company, focuses on the acquisition, development, and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin. ATHL has a PE ratio of 79.5. Currently there are 13 analysts that rate Athlon Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Athlon Energy has been 1.1 million shares per day over the past 30 days. Athlon Energy has a market cap of $4.5 billion and is part of the basic materials sector and energy industry. Shares are up 50.5% year-to-date as of the close of trading on Thursday.

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