NEW YORK (

TheStreet

) --

Harry Winston Diamond

(NYSE:

HWD

) is trading at unusually high volume Friday with 1.9 million shares changing hands. It is currently at 7.1 times its average daily volume and trading up 25 cents (+2.1%) at $12 as of 3:04 p.m. ET.

Harry Winston has a market cap of $972.3 million and is part of the

basic materials

sector and

metals & mining

industry. Shares are up 10.3% year to date as of the close of trading on Thursday.

Harry Winston Diamond Corporation, a diamond company, engages in mining and retailing diamonds in Canada and internationally. The company has a P/E ratio of 584, above the average metals & mining industry P/E ratio of 52.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Harry Winston as a

hold

. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow. You can view the full

Harry Winston Ratings Report

.

See all heavy volume stocks in our

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