- ZMH has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $98.3 million.
- ZMH has traded 588,324 shares today.
- ZMH is trading at 8.99 times the normal volume for the stock at this time of day.
- ZMH crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in ZMH with the Ticky from Trade-Ideas. See the FREE profile for ZMH NOW at Trade-Ideas More details on ZMH: Zimmer Holdings, Inc., together with its subsidiaries, designs, develops, manufactures, and markets orthopaedic reconstructive devices, spinal and trauma devices, biologics, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. The stock currently has a dividend yield of 0.8%. ZMH has a PE ratio of 24.5. The average volume for Zimmer Holdings has been 1.0 million shares per day over the past 30 days. Zimmer has a market cap of $19.3 billion and is part of the health care sector and health services industry. The stock has a beta of 1.16 and a short float of 2.4% with 4.22 days to cover. Shares are up 22.5% year-to-date as of the close of trading on Friday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.