NEW YORK (
) is trading at unusually high volume Tuesday with 1.8 million shares changing hands. It is currently at four times its average daily volume and trading down 14 cents (-2.6%) at $5.30 as of 4 p.m. ET.
Smart Balance has a market cap of $292.9 million and is part of the
industry. Shares are up 25.6% year to date as of the close of trading on Monday.
Smart Balance, Inc., a consumer food products company, distributes various food products in the United States and internationally. The company has a P/E ratio of 37, below the average food & beverage industry P/E ratio of 62.1 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Smart Balance 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 unimpressive growth in net income and feeble growth in the company's earnings per share. You can view the full
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