Prestige Stock Soars (PBH)

NEW YORK ( TheStreet) -- Shares of Prestige Brands Holdings (NYSE: PBH) have taken a tremendous swing upward. The stock is trading at $11.21 as of 10:39 a.m. ET, 20.1% above Monday's closing price of $9.33. Volume is at 434,575, 1.7 times the daily average of 252,700.

Prestige has a market cap of $489.2 million and is part of the health care sector and drugs industry. Shares are down 21.9% year to date as of the close of trading on Monday.

Prestige Brands Holdings, Inc., together with its subsidiaries, engages in marketing, selling, and distributing over-the-counter healthcare and household cleaning products primarily in North America. The company has a P/E ratio of 13.5, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Prestige as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Prestige Ratings Report.

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