Spectrum Brands Holdings (SPB) Is Today's Pre-Market Mover With Heavy Volume Stock

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

  • SPB has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $36.6 million.
  • SPB traded 84,466 shares today in the pre-market hours as of 8:54 AM, representing 22% of its average daily volume.

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More details on SPB:

Spectrum Brands Holdings, Inc., together with its subsidiaries, operates as a consumer products company worldwide. The company operates through Global Batteries & Appliances, Global Pet Supplies, Home and Garden Business, and Hardware & Home Improvement segments. The stock currently has a dividend yield of 1.4%. SPB has a PE ratio of 24. Currently there are 6 analysts that rate Spectrum Brands Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Spectrum Brands Holdings has been 277,500 shares per day over the past 30 days. Spectrum has a market cap of $4.8 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 0.32 and a short float of 2.9% with 1.83 days to cover. Shares are down 4.9% year-to-date as of the close of trading on Tuesday.

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