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Yelp (YELP) Highlighted As Today's Perilous Reversal Stock

Trade-Ideas LLC identified Yelp ( YELP) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Yelp as such a stock due to the following factors:

  • YELP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $58.0 million.
  • YELP has traded 144,012 shares today.
  • YELP is down 3.4% today.
  • YELP was up 8.3% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in YELP with the Ticky from Trade-Ideas. See the FREE profile for YELP NOW at Trade-Ideas More details on YELP: Yelp Inc. operates a platform that connects people with local businesses in the United States. YELP has a PE ratio of 47. Currently there are 7 analysts that rate Yelp a buy, 2 analysts rate it a sell, and 20 rate it a hold. The average volume for Yelp has been 3.4 million shares per day over the past 30 days. Yelp has a market cap of $1.5 billion and is part of the technology sector and internet industry. The stock has a beta of 1.53 and a short float of 17.9% with 3.44 days to cover. Shares are down 58.8% year-to-date as of the...