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Actionable news in ODP: Office Depot, Inc.,

Today's Dead Cat Bounce Stock Is Office Depot (ODP)

Trade-Ideas LLC identified Office Depot ( ODP) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Office Depot as such a stock due to the following factors:

  • ODP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $82.5 million.
  • ODP has traded 493,979 shares today.
  • ODP is up 3.3% today.
  • ODP was down 40.4% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ODP with the Ticky from Trade-Ideas. See the FREE profile for ODP NOW at Trade-Ideas More details on ODP: Office Depot, Inc., together with its subsidiaries, supplies office products and services. It operates in three segments: North American Retail, North American Business Solutions, and International. ODP has a PE ratio of 626. Currently there are 3 analysts that rate Office Depot a buy, no analysts rate it a sell, and 5 rate it a hold. The average volume for Office Depot has been 10.4 million shares per day over the past 30...