InterCloud Systems (ICLD) Is Today's Pre-Market Mover With Heavy Volume Stock

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

  • ICLD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $21.5 million.
  • ICLD traded 627,709 shares today in the pre-market hours as of 9:10 AM, representing 11.3% of its average daily volume.

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More details on ICLD:

InterCloud Systems, Inc. provides end-to-end IT and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the United States and internationally.

The average volume for InterCloud Systems has been 171,300 shares per day over the past 30 days. InterCloud Systems has a market cap of $29.6 million and is part of the technology sector and computer software & services industry. The stock has a beta of 4.99 and a short float of 4.4% with 0.10 days to cover. Shares are down 8.6% year-to-date as of the close of trading on Friday.

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