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Tickers in this Article: AH, COH, WTI, HUM, CIE, DIN, EXBD
The Nasdaq has moved up 0.4%, the S&P 500 remains relatively unchanged and the Dow is unchanged so far today. Today, more than half of all NYSE trades are conducted electronically, although floor traders are still used to set pricing and deal in high volume institutional trading.

The biggest movers traded on the NYSE so far are:
CompanyMarket CapPercentage Change
Accretive Health, Inc. (NYSE:AH)$994.5 million+37.9%
Coach (NYSE:COH)$17.43 billion-16.5%
W&T Offshore, Inc. (NYSE:WTI)$1.22 billion+15.9%
Humana (NYSE:HUM)$11.51 billion-12.7%
Cobalt International Energy, Inc. (NYSE:CIE)$9.92 billion+12.3%
DineEquity Inc (NYSE:DIN)$845.7 million+11.4%
The Corporate Executive Board Company (NYSE:EXBD)$1.41 billion+10.4%
Broker Summary: E-Trade Financial

After a big jump of 37.9%, Accretive Health (NYSE:AH) is trading at $13.80 per share. The company's volume is currently 3.8 million shares for the day, whereas yesterday, volume was only 480,266 shares. When a stock price moves up or down, watching the volume is a good way of identifying how significant that shift is. A company's value as an investment is more easily estimated using valuation ratios such as the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield. A company's price/earnings ratio (P/E ratio) provides a measure of how expensive or cheap a stock is. Compared to the industry average of 14.09, AH's P/E ratio of 36.0 is quite high. Generally speaking, the higher the P/E ratio, the higher the market expectations for a company's future performance. High P/E stocks could be "growth" stocks, while low PE stocks may be "value" stocks. SEE: Can Investors Trust the P/E Ratio?

Coach (NYSE:COH) is at a share price of $50.60 after a sharp decline of 16.5%. The company is currently trading a volume of 16.5 million shares. Price change alone is not enough to know how a stock is doing. Volume is an important secondary indicator used to confirm trends suggested by price movement. Understanding investment valuation ratios allows an investor to assess the true value of an individual stock. The debt-equity (D/E) ratio is a measurement of how much suppliers, lenders, creditors and obligors have committed to the company versus what the shareholders have committed. The debt-equity ratio of 1% is relatively low. A low D/E ratio may be a sign that the company is not taking advantage of leverage to increase its profits. This easy-to-calculate ratio provides a general indication of a company's equity-liability relationship and is helpful to investors looking for a quick take on a company's leverage.

W&T Offshore (NYSE:WTI) is currently at $19.07 per share after a dramatic increase of 15.9%. At 938,124 shares, the company's volume so far today is 1.6 times its current three-month average. If a stock price moves on high volume, this means that the change is a significant one. Investment valuation ratios provide investors with an estimation, albeit a simplistic one, of the value of a stock. The price/book value ratio is especially important for value investors as it can provide an indication of the true value of a company's assets at a time when its business model may be failing. The P/B ratio for WTI is 2.61, indicating that the stock is trading for more than its book value. It is important to take the company's debt into account when using the P/B ratio as debt can boost a company's liabilities to the point where they wipe out much of the book value of its hard assets, creating artificially high P/B values. A weakness of the P/B value ratio is that while the price component is easily determined by looking at the stock quote, the book value component is more difficult to estimate and more open to individual interpretation and analysis. SEE: Using The Price-To-Book Ratio To Evaluate Companies

Humana (NYSE:HUM) is currently trading at $61.60 per share, after a steep drop of 12.7%. This morning, the company's volume is 5.1 million shares. This is 2.5 times the average daily volume. In technical analysis, trading volume is used to determine the strength of a market indicator. While investment valuation ratios are useful tools in estimating the attractiveness of an investment, remember that it is important to look at a company's historical performance and compare the company ratios with its competitors and industry overall. The dividend yield is calculated by dividing a company's dividends per share by its stock price. The dividend yield for HUM is 1.5%, which is on the low end. This could indicate that that the stock is overpriced or that future dividends might be higher. A stock's dividend yield depends on the nature of a company's business, its posture in the marketplace (value or growth oriented), its earnings and cash flow, and its dividend policy. SEE: Dividend Yield For The Downturn

Cobalt International Energy (NYSE:CIE) rose a significant 12.3% to reach $27.13 per share. So far today, the company's volume is 4.7 million shares, above yesterday's volume of 974,187 shares. A stock's volume conveys how excited investors are about it. A wide array of ratios can be used by investors to estimate the attractiveness of a potential or existing investment and get an idea of its valuation. The debt ratio is calculated by dividing total liabilities by total assets. CIE has a low debt ratio of 11%. In other words, the company is less sensitive to changes in business or interest rates since less of its cash flow is dedicated to paying off loan expenses. As with all financial ratios, a company's debt ratio should be compared with the industry average or similar companies.

DineEquity (NYSE:DIN) has soared 11.4% to reach a current price of $51.43 per share. So far today, 113,238 shares have changed hands. Volume is an important indicator in technical analysis as it is used to measure the worth of a market move. If the markets have made a strong price move either up or down the perceived strength of that move depends on the volume for that period. The higher the volume during that price move the more significant the move. When estimating the value of a particular investment, valuation ratios provide a good basis for assessing the value of an individual stock. The capitalization ratio measures the debt component of the capital structure, or capitalization of a company (i.e., the sum of long-term debt liabilities and shareholder equity) to support operations and growth. The capitalization ratio for DIN is 87.2%, which is fairly high. A high capitalization ratio is not necessarily bad since higher financial leverage can increase the return on a shareholder's investment. This ratio is considered to be one of the more meaningful of the "debt" ratios - it delivers the key insight into the use of leverage by a company.

Corporate Executive Board (NYSE:EXBD) is currently at $46.46 per share after a dramatic increase of 10.4%. The company's volume for the day so far is 294,971 shares, 1.4 times its average over the past three months. High volume indicates a lot of investor interest while low volume indicates the opposite. Valuation ratios like the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield are useful in determining how attractive a potential or existing investment is. The P/E ratio has been used for ages by analysts and still remains one of the most relevant pieces of stock valuation. The P/E ratio for EXBD is 25.2, above the industry average of 14.09. Usually, if a stock has a high P/E ratio, it indicates that the market expects the company to grow earnings quickly in the future. A high P/E ratio indicates a stock that is expensive, while a low P/E ratio indicates a stock that is cheap. SEE: How To Use The P/E Ratio And PEG To Tell The Future Of A Stock

The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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