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Actionable news in HZNP: Horizon Pharma, Inc.,

Today's Dead Cat Bounce Stock: Horizon Pharma (HZNP)

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

  • HZNP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $56.3 million.
  • HZNP has traded 220,402 shares today.
  • HZNP is up 9.2% today.
  • HZNP was down 8.1% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in HZNP with the Ticky from Trade-Ideas. See the FREE profile for HZNP NOW at Trade-Ideas More details on HZNP: Horizon Pharma plc, a biopharmaceutical company, engages in identifying, developing, acquiring, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the United States and internationally. HZNP has a PE ratio of 59. Currently there are 6 analysts that rate Horizon Pharma a buy, 1 analyst rates it a sell, and none rate it a hold. The average volume for Horizon Pharma has been 5.0 million shares per day over the past 30 days. Horizon has a market cap of $2.4 billion and is part of the health care sector and drugs industry. The stock has a beta of 1.40 and a short float of 12.8% with...