- BDBD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $3.7 million.
- BDBD has traded 86,809 shares today.
- BDBD is trading at 4.38 times the normal volume for the stock at this time of day.
- BDBD is trading at a new high 3.08% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in BDBD with the Ticky from Trade-Ideas. See the FREE profile for BDBD NOW at Trade-Ideas More details on BDBD: Boulder Brands Inc. provides health and wellness food solutions in the United States and Canada. The company operates in two segments, Natural and Balance. Currently there are 5 analysts that rate Boulder Brands a buy, no analysts rate it a sell, and 6 rate it a hold. The average volume for Boulder Brands has been 855,500 shares per day over the past 30 days. Boulder has a market cap of $525.8 million and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 0.99 and a short float of 21.1% with 29.68 days to cover. Shares are down 20.8% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Boulder Brands as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Highlights from the ratings report include:
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Food Products industry. The net income has significantly decreased by 219.7% when compared to the same quarter one year ago, falling from $2.79 million to -$3.34 million.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Food Products industry and the overall market, BOULDER BRANDS INC's return on equity significantly trails that of both the industry average and the S&P 500.
- The debt-to-equity ratio of 1.24 is relatively high when compared with the industry average, suggesting a need for better debt level management. Even though the debt-to-equity ratio is weak, BDBD's quick ratio is somewhat strong at 1.14, demonstrating the ability to handle short-term liquidity needs.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 35.82%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 225.00% compared to the year-earlier quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.
- BOULDER BRANDS INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, BOULDER BRANDS INC swung to a loss, reporting -$2.09 versus $0.16 in the prior year. This year, the market expects an improvement in earnings ($0.20 versus -$2.09).
- You can view the full Boulder Brands Ratings Report.
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