Jarden Rises On Unusually High Volume (JAH)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Tuesday with 2.3 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $2.92 (+9.5%) at $33.63 as of 3:25 p.m. ET.
Jarden has a market cap of $2.85 billion and is part of the
sector and
industry. Shares are up 2.8% year to date as of the close of trading on Monday.
Jarden Corporation manufactures, sources, markets, and distributes consumer products worldwide. The company has a P/E ratio of 12.2, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Jarden as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
.
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