NEW YORK (

TheStreet

) --

Cal-Maine Foods

(Nasdaq:

CALM

) is trading at unusually high volume Monday with 558,309 shares changing hands. It is currently at 4.2 times its average daily volume and trading up $1.97 (+7.1%) at $29.79 as of 11:32 a.m. ET.

Cal-Maine has a market cap of $591.9 million and is part of the

consumer goods

sector and

food & beverage

industry. Shares are down 11.9% year to date as of the close of trading on Friday.

Cal-Maine Foods, Inc. engages in the production, grading, packaging, marketing, and distribution of shell eggs primarily in the southeastern, southwestern, mid-western, and mid-Atlantic regions of the United States. The company has a P/E ratio of 8.7, above the average food & beverage industry P/E ratio of 8.6 and below the S&P 500 P/E ratio of 16.2.

TheStreet Ratings rates Cal-Maine as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full

Cal-Maine Ratings Report

.

See all heavy volume stocks in our

stocks moving on unusual volume list

or get investment ideas from our

investment research center

.

Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting

HVUP

to 95370 or select from

multiple alert options

.

null