- AIRM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $22.0 million.
- AIRM has traded 80,608 shares today.
- AIRM is trading at 4.40 times the normal volume for the stock at this time of day.
- AIRM is trading at a new low 3.06% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of 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 (or avoid losses by trimming weak positions). 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 AIRM with the Ticky from Trade-Ideas. See the FREE profile for AIRM NOW at Trade-Ideas More details on AIRM: Air Methods Corporation, together with its subsidiaries, provides air medical emergency transport services and systems in the United States. The company operates in the Air Medical Services (AMS), Tourism, and United Rotorcraft (UR) segments. AIRM has a PE ratio of 14. Currently there are 4 analysts that rate Air Methods a buy, no analysts rate it a sell, and none rate it a hold. The average volume for Air Methods has been 368,700 shares per day over the past 30 days. Air Methods has a market cap of $1.5 billion and is part of the services sector and transportation industry. The stock has a beta of 1.79 and a short float of 36.3% with 19.70 days to cover. Shares are down 7.3% year-to-date as of the close of trading on Friday. 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 Air Methods as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and a generally disappointing performance in the stock itself. Highlights from the ratings report include:
- AIRM's revenue growth has slightly outpaced the industry average of 10.2%. Since the same quarter one year prior, revenues rose by 12.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
- AIR METHODS CORP has improved earnings per share by 26.1% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, AIR METHODS CORP increased its bottom line by earning $2.55 versus $1.54 in the prior year. This year, the market expects an improvement in earnings ($2.87 versus $2.55).
- Net operating cash flow has significantly decreased to $17.05 million or 60.47% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- The debt-to-equity ratio of 1.21 is relatively high when compared with the industry average, suggesting a need for better debt level management.
- You can view the full Air Methods Ratings Report.
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