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Actionable news in FCX: FreePORT-MCMORAN Inc,

Perilous Reversal Stock: Freeport-McMoRan (FCX)

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

  • FCX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $581.4 million.
  • FCX has traded 18.3 million shares today.
  • FCX is down 3% today.
  • FCX was up 6.9% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in FCX with the Ticky from Trade-Ideas. See the FREE profile for FCX NOW at Trade-Ideas More details on FCX: Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The company explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, as well as oil and gas. The stock currently has a dividend yield of 3%. Currently there are 2 analysts that rate Freeport-McMoRan a buy, 1 analyst rates it a sell, and 12 rate it a hold. The average volume for Freeport-McMoRan has been 52.2 million shares per day over the past 30 days. Freeport-McMoRan has a market cap of $13.6 billion and is part of the basic materials sector and metals & mining industry. The stock has a beta of 2.70 and a short float...


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