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Actionable news in JOY: JOY GLOBAL INC,

Joy Global (JOY) Marked As A Dead Cat Bounce Stock

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

  • JOY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $39.8 million.
  • JOY has traded 139,531 shares today.
  • JOY is up 3.2% today.
  • JOY was down 5.4% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in JOY with the Ticky from Trade-Ideas. See the FREE profile for JOY NOW at Trade-Ideas More details on JOY: Joy Global Inc. manufactures and services mining equipment for extraction of coal, copper, iron ore, oil sands, gold, and other minerals and ores worldwide. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The stock currently has a dividend yield of 0.3%. Currently there are 3 analysts that rate Joy Global a buy, 3 analysts rate it a sell, and 8 rate it a hold. The average volume for Joy Global has been 4.2 million shares per day over the past 30 days. Joy Global has a market cap of $1.5 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 2.27 and a short float of 25.9% with 8.20...