New Lifetime High For Roper Technologies (ROP)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Roper Technologies ( ROP) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Roper Technologies as such a stock due to the following factors:

  • ROP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $77.1 million.
  • ROP has traded 23,012 shares today.
  • ROP is trading at a new lifetime high.

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More details on ROP:

Roper Technologies, Inc., a diversified technology company, designs and develops software (both license and software-as-a-service), and engineered products and solutions for healthcare, transportation, food, energy, water, education, and academic research markets worldwide. The stock currently has a dividend yield of 0.6%. ROP has a PE ratio of 27. Currently there are 5 analysts that rate Roper Technologies a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for Roper Technologies has been 411,900 shares per day over the past 30 days. Roper has a market cap of $17.3 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 0.50 and a short float of 1.7% with 3.53 days to cover. Shares are up 10.3% year-to-date as of the close of trading on Wednesday.

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