NEW YORK ( TheStreet) -- Hansen Natural Corporation (Nasdaq: HANS) is trading at unusually high volume Friday with 3.3 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $4.38 (+8%) at $59.07 as of 3:21 p.m. ET.

Hansen Natural has a market cap of $4.9 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 4.6% year to date as of the close of trading on Thursday.

Hansen Natural Corporation, through its subsidiaries, engages in the development, marketing, sale, and distribution of beverages in the United States and internationally. The company has a P/E ratio of 24, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Hansen Natural as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Hansen Natural Ratings Report.

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