Valspar Rises On Unusually High Volume (VAL)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Tuesday with 3.1 million shares changing hands. It is currently at four times its average daily volume and trading up $1.85 (+4.2%) at $45.87 as of 3:45 p.m. ET.
Valspar has a market cap of $3.91 billion and is part of the
sector and
industry. Shares are up 13% year to date as of the close of trading on Monday.
The Valspar Corporation, together with its subsidiaries, manufactures and distributes coatings, paints, and related products worldwide.
TheStreet Ratings rates Valspar as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
.
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