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Trade-Ideas LLC identified RCS Capital ( RCAP) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified RCS Capital as such a stock due to the following factors:
- RCAP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $32.0 million.
- RCAP has traded 69,189 shares today.
- RCAP is down 3.3% today.
- RCAP was up 6.3% yesterday.
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More details on RCAP:
RCS Capital Corporation, through its subsidiaries, is engaged in the retail brokerage & advisory services, wholesale broker-dealer, and investment banking and capital markets business activities.
The average volume for RCS Capital has been 1.2 million shares per day over the past 30 days. RCS has a market cap of $795.7 million and is part of the financial sector and financial services industry. Shares are down 29.4% year-to-date as of the close of trading on Tuesday.
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