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Actionable news in ATW: ATWOOD OCEANICS Inc,

Atwood Oceanics (ATW) Marked As A Dead Cat Bounce Stock

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

  • ATW has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $42.4 million.
  • ATW has traded 56,915 shares today.
  • ATW was down 7.8% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ATW with the Ticky from Trade-Ideas. See the FREE profile for ATW NOW at Trade-Ideas More details on ATW: Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells worldwide. The stock currently has a dividend yield of 3.1%. ATW has a PE ratio of 1. Currently there are 3 analysts that rate Atwood Oceanics a buy, 4 analysts rate it a sell, and 6 rate it a hold. The average volume for Atwood Oceanics has been 4.8 million shares per day over the past 30 days. Atwood Oceanics has a market cap of $625.7 million and is part of the basic materials sector and energy industry. The stock has a beta of 2.40 and a short float of 51.6% with 5.07 days to cover. Shares are down 6.1% year-to-date as of the close of...