Mid Cap Stocks To Follow Today – May 6th

ProShares UltraPro Short QQQ, Skechers U.S.A., and Berry Global Group are the three Mid Cap stocks to watch today, according to MarketBeat’s stock screener tool. Mid-cap stocks are shares of companies whose market capitalization typically falls between about $2 billion and $10 billion, sitting between small-cap and large-cap firms. They tend to offer a balance of growth potential and stability—more expansion prospects than large-caps but less volatility than small-caps. Many investors include mid-caps to diversify their portfolios and seek moderate risk-adjusted returns. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of NASDAQ SQQQ traded up $0.58 on Tuesday, hitting $29.72. The company’s stock had a trading volume of 78,719,828 shares, compared to its average volume of 51,574,499. The stock has a 50 day moving average of $36.73 and a 200-day moving average of $32.94. ProShares UltraPro Short QQQ has a 12-month low of $26.21 and a 12-month high of $57.95.

Skechers U.S.A. (SKX)

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through Wholesale and Direct-to-Consumer segments. It offers footwear under Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands.

Shares of Skechers U.S.A. stock traded down $0.01 during trading on Tuesday, hitting $61.39. 32,388,903 shares of the company were exchanged, compared to its average volume of 2,732,204. The firm has a 50 day moving average price of $53.24 and a 200 day moving average price of $62.09. The stock has a market capitalization of $9.17 billion, a price-to-earnings ratio of 14.79, a P/E/G ratio of 1.11 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.97 and a debt-to-equity ratio of 0.01. Skechers U.S.A. has a fifty-two week low of $44.50 and a fifty-two week high of $78.85.

Berry Global Group (BERY)

Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.

Berry Global Group stock traded down $1.94 during mid-day trading on Tuesday, hitting $67.69. 18,809,857 shares of the company were exchanged, compared to its average volume of 1,400,205. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.61 and a quick ratio of 1.09. Berry Global Group has a 12-month low of $57.52 and a 12-month high of $74.24. The business’s 50 day simple moving average is $68.76 and its two-hundred day simple moving average is $68.54. The company has a market capitalization of $7.84 billion, a P/E ratio of 16.88, a PEG ratio of 1.54 and a beta of 1.14.