Smart Balance Stock Soars (SMBL)
NEW YORK (
) -- Shares of
(Nasdaq:
) have taken a tremendous swing upward. The stock is trading at $6.80 as of 3:45 p.m. ET, 20.4% above Wednesday's closing price of $5.65. Volume is at 1.6 million, 3.4 times the daily average of 467,000.
Smart Balance has a market cap of $303 million and is part of the
sector and
industry. Shares are up 5.4% year to date as of the close of trading on Wednesday.
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 44.2, below the average food & beverage industry P/E ratio of 64.3 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
.
See our
for other stocks that are soaring today, or get investment ideas from our
.
Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting
SOAR
to 95370 or select from
.
null
