NEW YORK (
) is trading at unusually high volume Tuesday with 780,199 shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.18 (+4.6%) at $26.74 as of 1:10 p.m. ET.
Kaydon has a market cap of $1.09 billion and is part of the
industry. Shares are up 18.2% year to date as of the close of trading on Monday.
Kaydon Corporation engages in the design, manufacture, and sale of custom engineered, performance-critical products in the United States, Germany, and internationally. The company has a P/E ratio of 23.4, above the average industrial industry P/E ratio of 21 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Kaydon as a
. 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 and expanding profit margins. 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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