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Actionable news in SSYS: Stratasys, Ltd.,

Today's Dead Cat Bounce Stock: Stratasys (SSYS)

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

  • SSYS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $42.4 million.
  • SSYS has traded 666,547 shares today.
  • SSYS is up 3.1% today.
  • SSYS was down 13.2% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in SSYS with the Ticky from Trade-Ideas. See the FREE profile for SSYS NOW at Trade-Ideas More details on SSYS: Stratasys Ltd. provides three-dimensional (3D) printing and additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. Currently there are 5 analysts that rate Stratasys a buy, 3 analysts rate it a sell, and 8 rate it a hold. The average volume for Stratasys has been 1.4 million shares per day over the past 30 days. Stratasys has a market cap of $1.4 billion and is part of the technology sector and computer hardware industry. The stock has a beta of 1.45 and a short float of 17.1% with 5.12 days to cover. Shares are up 15.6%...