Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified

Crane

(

CR

) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Crane as such a stock due to the following factors:

  • CR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $16.4 million.
  • CR has traded 63,343 shares today.
  • CR is trading at 7.50 times the normal volume for the stock at this time of day.
  • CR is trading at a new high 4.12% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in CR with the Ticky from Trade-Ideas. See the FREE profile for CR NOW at Trade-Ideas

More details on CR:

Crane Co. manufactures and sells engineered industrial products in the United States and internationally. It operates in four segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The stock currently has a dividend yield of 2.5%. CR has a PE ratio of 16. Currently there are 2 analysts that rate Crane a buy, 1 analyst rates it a sell, and 5 rate it a hold.

The average volume for Crane has been 330,600 shares per day over the past 30 days. Crane has a market cap of $3.1 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 1.26 and a short float of 0.7% with 1.16 days to cover. Shares are down 9.9% year-to-date as of the close of trading on Monday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Crane as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and growth in earnings per share. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:

  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Machinery industry average. The net income increased by 5.0% when compared to the same quarter one year prior, going from $48.68 million to $51.10 million.
  • The debt-to-equity ratio is somewhat low, currently at 0.87, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.14, which illustrates the ability to avoid short-term cash problems.
  • Net operating cash flow has increased to -$11.60 million or 38.65% when compared to the same quarter last year. In addition, CRANE CO has also vastly surpassed the industry average cash flow growth rate of -13.13%.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Machinery industry and the overall market on the basis of return on equity, CRANE CO has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.