Trade-Ideas: Dresser-Rand Group (DRC) Is Today's New Lifetime High Stock

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Trade-Ideas LLC identified Dresser-Rand Group ( DRC) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Dresser-Rand Group as such a stock due to the following factors:

  • DRC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $40.8 million.
  • DRC has traded 4,177 shares today.
  • DRC is trading at a new lifetime high.

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More details on DRC:

Dresser-Rand Group Inc., together with its subsidiaries, designs, manufactures, sells, and services rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. DRC has a PE ratio of 8. Currently there are no analysts that rate Dresser-Rand Group a buy, 1 analyst rates it a sell, and 8 rate it a hold.

The average volume for Dresser-Rand Group has been 851,400 shares per day over the past 30 days. Dresser-Rand Group has a market cap of $6.5 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 0.67 and a short float of 8.3% with 7.85 days to cover. Shares are up 3.3% year-to-date as of the close of trading on Wednesday.

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