Qihoo 360 Technology (QIHU) Is Today's Dead Cat Bounce Stock

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 Qihoo 360 Technology ( QIHU) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Qihoo 360 Technology as such a stock due to the following factors:

  • QIHU has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $142.9 million.
  • QIHU has traded 147,971 shares today.
  • QIHU is up 3.1% today.
  • QIHU was down 8.8% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in QIHU with the Ticky from Trade-Ideas. See the FREE profile for QIHU NOW at Trade-Ideas

More details on QIHU:

Qihoo 360 Technology Co. Ltd., through its subsidiaries, provides Internet services in the People's Republic of China. The company operates through Internet Services and Others segments. QIHU has a PE ratio of 51. Currently there are 5 analysts that rate Qihoo 360 Technology a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Qihoo 360 Technology has been 3.1 million shares per day over the past 30 days. Qihoo 360 Technology has a market cap of $7.5 billion and is part of the technology sector and computer software & services industry. Shares are up 2.6% year-to-date as of the close of trading on Tuesday.

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.

If you liked this article you might like

Chinese Buyers to Take Half of Opera Software After Bid Roadblock

Here's Why Qihoo (QIHU) Stock Is Up Today

Qihoo 360 Technology (QIHU) Is Today's Strong On High Volume Stock

Unusual Social Activity Around Qihoo 360 Technology (QIHU) Today

Why Qihoo (QIHU) Stock Is Surging Today