Genzyme Rises On Unusually High Volume (GENZ)

NEW YORK ( TheStreet) -- Genzyme Corporation (Nasdaq: GENZ) is trading at unusually high volume Tuesday with 11.5 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $2.44 (+3.4%) at $74.21 as of 3:26 p.m. ET. Genzyme has a market cap of $18.8 billion and is part of the health care sector and drugs industry. Shares are up 0.8% year to date as of the close of trading on Monday.

Genzyme Corporation operates as a biotechnology company worldwide. It focuses on rare genetic disease disorders, renal diseases, orthopaedics, cancers, transplant and immune diseases, and diagnostic and predictive testing areas.

TheStreet Ratings rates Genzyme as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. You can view the full Genzyme Ratings Report.

null

More from Markets

To Win at Trade the U.S. Must Act and Behave Like China

To Win at Trade the U.S. Must Act and Behave Like China

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Video: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Apple Shares Gain as U.S. and China Call Off Trade War, For Now

Apple Shares Gain as U.S. and China Call Off Trade War, For Now

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec