Bunge Rises On Unusually High Volume (BG)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Thursday with 4.1 million shares changing hands. It is currently at four times its average daily volume and trading up $3.42 (+5.7%) at $63.16 as of 3:40 p.m. ET.
Bunge has a market cap of $8.48 billion and is part of the
sector and
industry. Shares are up 4.4% year to date as of the close of trading on Wednesday.
Bunge Limited engages in the agriculture and food businesses worldwide. The company has a P/E ratio of 9.2, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Bunge as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full
.
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