NEW YORK (
) is trading at unusually high volume Friday with 12.9 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.40 (+8%) at $18.83 as of 3:55 p.m. ET.
Newell Rubbermaid has a market cap of $4.94 billion and is part of the
industry. Shares are up 7.9% year to date as of the close of trading on Thursday.
Newell Rubbermaid Inc., together with its subsidiaries, designs, manufactures, packages, and distributes consumer and commercial products. It operates in three segments: Home and Family; Office Products; and Tools, Hardware, and Commercial Products. The company has a P/E ratio of 39.4, below the average consumer durables industry P/E ratio of 43.8 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Newell Rubbermaid as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full
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