Emerson Electric (EMR) Off To A Strong Start In Pre-Market Activity

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Trade-Ideas LLC identified Emerson Electric ( EMR) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Emerson Electric as such a stock due to the following factors:

  • EMR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $219.9 million.
  • EMR traded 12,704 shares today in the pre-market hours as of 8:50 AM.
  • EMR is up 3.9% today from Friday's close.

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More details on EMR:

Emerson Electric Co. provides technology and engineering solutions to industrial, commercial, and consumer markets worldwide. It operates through five segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. The stock currently has a dividend yield of 3.3%. EMR has a PE ratio of 15. Currently there are 3 analysts that rate Emerson Electric a buy, 2 analysts rate it a sell, and 15 rate it a hold.

The average volume for Emerson Electric has been 4.5 million shares per day over the past 30 days. Emerson Electric has a market cap of $37.8 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 1.03 and a short float of 3.4% with 6.11 days to cover. Shares are down 8.3% year-to-date as of the close of trading on Friday.

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