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Actionable news in ETE: ENERGY TRANSFER EQUITY L.P.,

Today's Dead Cat Bounce Stock: Energy Transfer Equity (ETE)

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

  • ETE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $258.4 million.
  • ETE has traded 88,240 shares today.
  • ETE is up 3.1% today.
  • ETE was down 7.5% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ETE with the Ticky from Trade-Ideas. See the FREE profile for ETE NOW at Trade-Ideas More details on ETE: Energy Transfer Equity, L.P., through its subsidiaries, provides diversified energy-related services in the Unites States. The stock currently has a dividend yield of 4.6%. ETE has a PE ratio of 28. Currently there are 8 analysts that rate Energy Transfer Equity a buy, no analysts rate it a sell, and none rate it a hold. The average volume for Energy Transfer Equity has been 6.5 million shares per day over the past 30 days. Energy Transfer Equity has a market cap of $24.5 billion and is part of the basic materials sector and...