NEW YORK (
) is trading at unusually high volume Thursday with 2.1 million shares changing hands. It is currently at four times its average daily volume and trading up 57 cents (+10.3%) at $6.23 as of 3:16 p.m. ET.
Metalico has a market cap of $264.8 million and is part of the
industry. Shares are down 3.9% year to date as of the close of trading on Wednesday.
Metalico, Inc., through its subsidiaries, engages in scrap metal recycling and lead metal products fabricating activities primarily in the United States. The company has a P/E ratio of 19.3, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 16.9.
TheStreet Ratings rates Metalico as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. You can view the full
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