Royal Philips (PHG) Moving On Heavy Volume In The Pre-Market Hours

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

  • PHG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $30.0 million.
  • PHG traded 128,200 shares today in the pre-market hours as of 8:27 AM, representing 11.3% of its average daily volume.

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More details on PHG:

Koninklijke Philips N.V. engages in healthcare, consumer lifestyle, and lighting businesses worldwide. The stock currently has a dividend yield of 2.8%. PHG has a PE ratio of 16. Currently there is 1 analyst that rates Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Royal Philips has been 1.2 million shares per day over the past 30 days. Royal Philips has a market cap of $25.0 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 7.5% year-to-date as of the close of trading on Monday.

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