Ironwood Pharmaceuticals (IRWD): Heavy Pre-Market Activity

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

  • IRWD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $26.5 million.
  • IRWD traded 532,301 shares today in the pre-market hours as of 9:12 AM, representing 23.4% of its average daily volume.

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More details on IRWD:

Ironwood Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, and commercialization of human therapeutic products. Currently there are 2 analysts that rate Ironwood Pharmaceuticals a buy, 1 analyst rates it a sell, and 6 rate it a hold.

The average volume for Ironwood Pharmaceuticals has been 1.2 million shares per day over the past 30 days. Ironwood has a market cap of $1.5 billion and is part of the health care sector and drugs industry. The stock has a beta of 1.11 and a short float of 18.4% with 5.99 days to cover. Shares are down 20.8% year-to-date as of the close of trading on Monday.

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Ironwood Pharmaceuticals (IRWD): Today's Weak On High Volume Stock