Heavy Trading On Royal Dutch Shell (RDS.B) Before Market Open

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Trade-Ideas LLC identified Royal Dutch Shell ( RDS.B) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Royal Dutch Shell as such a stock due to the following factors:

  • RDS.B has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $102.7 million.
  • RDS.B traded 439,936 shares today in the pre-market hours as of 9:00 AM, representing 24.9% of its average daily volume.

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More details on RDS.B:

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. The stock currently has a dividend yield of 6.3%. RDS.B has a PE ratio of 8.

The average volume for Royal Dutch Shell has been 1.7 million shares per day over the past 30 days. Royal Dutch Shell has a market cap of $190.2 billion and is part of the basic materials sector and energy industry. Shares are down 14% year-to-date as of the close of trading on Wednesday.

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