Emergent BioSolutions Rises On Unusually High Volume (EBS)
NEW YORK (
) --
Emergent BioSolutions Incorporated
(NYSE:
) is trading at unusually high volume Thursday with 922,034 shares changing hands. It is currently at 4.8 times its average daily volume and trading up $4.23 (+19.7%) at $25.67 as of 10:51 a.m. ET.
Emergent BioSolutions has a market cap of $733.6 million and is part of the
sector and
industry.
Emergent BioSolutions Inc., a biopharmaceutical company, focuses on the development, manufacture, and commercialization of vaccines and antibody therapeutics primarily in the United States, the United Kingdom, and Vietnam. The company operates in two segments, BioDefense and BioSciences.
TheStreet Ratings rates Emergent BioSolutions as a
TheStreet Recommends
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
Emergent BioSolutions Ratings Report
.
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