Drugstore.com Rises On Unusually High Volume (DSCM)
Drugstore.com (Nasdaq:DSCM) is trading at unusually high volume Friday with 11.2 million shares changing hands. It is currently at 13.1 times its average daily volume and trading up eight cents (+2.2%).
NEW YORK ( TheStreet) -- Drugstore.com (Nasdaq: DSCM) is trading at unusually high volume Friday with 11.2 million shares changing hands. It is currently at 13.1 times its average daily volume and trading up eight cents (+2.2%) at $3.90 as of 10:56 a.m. ET. Drugstore.com has a market cap of $190.6 million and is part of the services sector and retail industry. Shares are down 19% year to date as of the close of trading on Thursday. drugstore.com, inc. operates as an online provider of health, beauty, vision, and pharmacy products. The company operates in three segments: Over-The-Counter (OTC), Vision, and Mail-Order Pharmacy. TheStreet Ratings rates Drugstore.com as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. You can view the full Drugstore.com 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.
Shares of Drugstore.com (Nasdaq:DSCM) were gapping up Thursday morning with an open price 112.3% higher than Wednesday's closing price. The stock closed at $1.79 yesterday and opened today's trading at $3.80.