Aircastle (AYR) Stock: Weak On High Volume Today

Trade-Ideas LLC identified Aircastle ( AYR) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Aircastle as such a stock due to the following factors:

  • AYR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $7.1 million.
  • AYR has traded 74,406 shares today.
  • AYR is trading at 3.49 times the normal volume for the stock at this time of day.
  • AYR is trading at a new low 5.01% 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.

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More details on AYR:

Aircastle Limited, through its subsidiaries, acquires, leases, and sells commercial jet aircraft to airlines. The company also invests in other aviation assets, including debt investments secured by commercial jet aircraft. The stock currently has a dividend yield of 4.5%. AYR has a PE ratio of 14. Currently there are 6 analysts that rate Aircastle a buy, 1 analyst rates it a sell, and 2 rate it a hold.

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