Today Raymond James Financial (RJF) Hits New Lifetime High

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 Raymond James Financial ( RJF) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Raymond James Financial as such a stock due to the following factors:

  • RJF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $28.3 million.
  • RJF has traded 11,072 shares today.
  • RJF is trading at a new lifetime high.

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

More details on RJF:

Raymond James Financial, Inc., a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, as well as the sale of mutual funds and other investment products in the United States, Canada, and Europe. The stock currently has a dividend yield of 1.2%. RJF has a PE ratio of 17. Currently there are 3 analysts that rate Raymond James Financial a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Raymond James Financial has been 604,900 shares per day over the past 30 days. Raymond James Financial has a market cap of $8.4 billion and is part of the financial sector and financial services industry. The stock has a beta of 1.32 and a short float of 1.9% with 4.95 days to cover. Shares are up 3.6% year-to-date as of the close of trading on Wednesday.

If you liked this article you might like

Analog Devices Coverage Re-Initiated at Raymond James

These Stocks Are Changing Direction

Bullish and Bearish Reversals for This Week

Finra Arbitrators Not Keen on Disclosing Conflicts in Private Court Proceedings

Analysts' Actions -- AK Steel, McKesson, Qualcomm, Twitter and More