Aegean Marine Petroleum Network Rises On Unusually High Volume (ANW)
Aegean Marine Petroleum Network (NYSE:ANW) is trading at unusually high volume Friday with 3.6 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 98 cents (+13.3%).
NEW YORK ( TheStreet) -- Aegean Marine Petroleum Network (NYSE: ANW) is trading at unusually high volume Friday with 3.6 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 98 cents (+13.3%) at $8.34 as of 3:55 p.m. ET. Aegean Marine Petroleum Network has a market cap of $342.7 million and is part of the services sector and wholesale industry. Shares are down 29.4% year to date as of the close of trading on Thursday. Aegean Marine Petroleum Network, Inc., through its subsidiaries, operates as a marine fuel logistics company that physically supplies and markets refined marine fuel and lubricants to ships in port and at sea. The company has a P/E ratio of 18.4, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 15.6. TheStreet Ratings rates Aegean Marine Petroleum Network as a hold. The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and a generally disappointing performance in the stock itself. You can view the full Aegean Marine Petroleum Network Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.