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Kate Spade (KATE) Is Today's Dead Cat Bounce Stock

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

  • KATE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $62.3 million.
  • KATE has traded 600,610 shares today.
  • KATE is up 3.1% today.
  • KATE was down 7.9% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in KATE with the Ticky from Trade-Ideas. See the FREE profile for KATE NOW at Trade-Ideas More details on KATE: Kate Spade & Company, together with its subsidiaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group. KATE has a PE ratio of 35. Currently there are 8 analysts that rate Kate Spade a buy, no analysts rate it a sell, and 3 rate it a hold. The average volume for Kate Spade has been 2.6 million shares per day over the past 30 days. Kate Spade has a market cap of $3.1 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 1.37 and a...