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Actionable news in JCP: J.C. PENNEY COMPANY Inc,

JC Penney (JCP) Showing Signs Of A Dead Cat Bounce Today

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

  • JCP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $125.8 million.
  • JCP has traded 858,179 shares today.
  • JCP is up 3.6% today.
  • JCP was down 7.5% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in JCP with the Ticky from Trade-Ideas. See the FREE profile for JCP NOW at Trade-Ideas More details on JCP: J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. Currently there are 7 analysts that rate JC Penney a buy, 2 analysts rate it a sell, and 8 rate it a hold. The average volume for JC Penney has been 14.5 million shares per day over the past 30 days. JC Penney has a market cap of $2.8 billion and is part of the services sector and retail industry. The stock has a beta...