Today's Pre-Market Mover With Heavy Volume: National Bank Of Greece (NBG)

Trade-Ideas LLC identified National Bank of Greece ( NBG) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified National Bank of Greece as such a stock due to the following factors:

  • NBG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $8.8 million.
  • NBG traded 2.5 million shares today in the pre-market hours as of 9:15 AM, representing 13.2% of its average daily volume.

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More details on NBG:

National Bank of Greece S.A., together with its subsidiaries, provides diversified financial services. The company is involved in retail and commercial banking, asset management, investment banking, brokerage, and insurance activities. NBG has a PE ratio of 13.

The average volume for National Bank of Greece has been 9.4 million shares per day over the past 30 days. National Bank of Greece has a market cap of $1.8 billion and is part of the financial sector and banking industry. Shares are down 71% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates National Bank of Greece as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and weak operating cash flow.

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