United Continental Holdings (UAL) Strong In Pre-Market Trading

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 United Continental Holdings ( UAL) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified United Continental Holdings as such a stock due to the following factors:

  • UAL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $310.1 million.
  • UAL traded 13,858 shares today in the pre-market hours as of 9:07 AM.
  • UAL is up 2.2% today from yesterday's close.

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More details on UAL:

United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. UAL has a PE ratio of 9. Currently there are 9 analysts that rate United Continental Holdings a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for United Continental Holdings has been 6.0 million shares per day over the past 30 days. United Continental has a market cap of $19.6 billion and is part of the services sector and transportation industry. The stock has a beta of 0.41 and a short float of 2.7% with 1.64 days to cover. Shares are down 23.3% year-to-date as of the close of trading on Thursday.

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