Georgia Gulf Rises On Unusually High Volume (GGC)

NEW YORK ( TheStreet) -- Georgia Gulf (NYSE: GGC) is trading at unusually high volume Tuesday with 2.9 million shares changing hands. It is currently at 4.8 times its average daily volume and trading up 69 cents (+2.1%) at $33.62 as of 12:20 p.m. ET.

Georgia Gulf has a market cap of $1.13 billion and is part of the basic materials sector and chemicals industry. Shares are up 69% year to date as of the close of trading on Friday.

Georgia Gulf Corporation manufactures and markets chlorovinyl and aromatics chemicals, and vinyl-based building and home improvement products in the United States and internationally. It operates through three segments: Chlorovinyls, Building Products, and Aromatics. The company has a P/E ratio of 15.1, above the average chemicals industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Georgia Gulf as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Georgia Gulf Ratings Report.

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