NEW YORK ( TheStreet) -- Prestige Brands Holdings (NYSE: PBH) is trading at unusually high volume Friday with 1.1 million shares changing hands. It is currently at 5.1 times its average daily volume and trading up 24 cents (+2%) at $11.93 as of 3:52 p.m. ET.

Prestige has a market cap of $580.1 million and is part of the health care sector and drugs industry. Shares are down 2.2% year to date as of the close of trading on Thursday.

Prestige Brands Holdings, Inc., together with its subsidiaries, engages in marketing, selling, and distributing over-the-counter healthcare, household cleaning, and personal care products in the United States, Canada, and internationally. The company has a P/E ratio of 21.4, below the average drugs industry P/E ratio of 22.2 and below the S&P 500 P/E ratio of 21.5.

TheStreet Ratings rates Prestige as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally poor debt management. You can view the full Prestige Ratings Report.

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