Mattel Rises On Unusually High Volume (MAT)
NEW YORK (
) --
(Nasdaq:
) is trading at unusually high volume Tuesday with 11.3 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.47 (+5%) at $31 as of 4 p.m. ET.
Mattel has a market cap of $9.85 billion and is part of the
sector and
industry. Shares are up 6.4% year to date as of the close of trading on Monday.
Mattel, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of various toy products worldwide. Its products comprise fashion dolls and accessories, vehicles and playsets, and games and puzzles. The company has a P/E ratio of 14.6, above the average consumer durables industry P/E ratio of 14.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Mattel 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
.
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