Hanger Orthopedic Group Rises On Unusually High Volume (HGR)

NEW YORK ( TheStreet) -- Hanger Orthopedic Group (NYSE: HGR) is trading at unusually high volume Thursday with 784,210 shares changing hands. It is currently at four times its average daily volume and trading up $3.25 (+14.3%) at $26.01 as of 11:21 a.m. ET. Hanger Orthopedic Group has a market cap of $742.2 million and is part of the health care sector and health services industry. Shares are up 7.4% year to date as of the close of trading on Wednesday.

Hanger Orthopedic Group, Inc. engages in the ownership and operation of orthotic and prosthetic (O&P) patient-care centers in the United States. The company has a P/E ratio of 22.9, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 23.5.

TheStreet Ratings rates Hanger Orthopedic Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Hanger Orthopedic Group Ratings Report.

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