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Valeant Pharmaceuticals International (VRX) Marked As A Dead Cat Bounce Stock

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

  • VRX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $2.4 billion.
  • VRX has traded 433,911 shares today.
  • VRX is up 6.6% today.
  • VRX was down 7.4% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in VRX with the Ticky from Trade-Ideas. See the FREE profile for VRX NOW at Trade-Ideas More details on VRX: Valeant Pharmaceuticals International, Inc. develops, manufactures, and markets pharmaceuticals, over-the-counter products, and medical devices worldwide. VRX has a PE ratio of 83. Currently there are 8 analysts that rate Valeant Pharmaceuticals International a buy, no analysts rate it a sell, and 4 rate it a hold. The average volume for Valeant Pharmaceuticals International has been 4.0 million shares per day over the past 30 days. Valeant...