Trade-Ideas: DexCom (DXCM) Is Today's New Lifetime High 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 DexCom ( DXCM) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified DexCom as such a stock due to the following factors:

  • DXCM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $40.7 million.
  • DXCM has traded 193,011 shares today.
  • DXCM is trading at a new lifetime high.

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More details on DXCM:

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring systems. Currently there are 9 analysts that rate DexCom a buy, 1 analyst rates it a sell, and 3 rate it a hold.

The average volume for DexCom has been 700,400 shares per day over the past 30 days. DexCom has a market cap of $5.7 billion and is part of the health care sector and health services industry. The stock has a beta of 0.51 and a short float of 3.5% with 6.63 days to cover. Shares are up 31.4% year-to-date as of the close of trading on Monday.

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