C.R. Bard Rises On Unusually High Volume (BCR)

NEW YORK ( TheStreet) -- C.R. Bard (NYSE: BCR) is trading at unusually high volume Friday with 2.8 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up $3.19 (+3.5%) at $95.50 as of 3:50 p.m. ET.

C.R. Bard has a market cap of $7.88 billion and is part of the health care sector and health services industry. Shares are up 8% year to date as of the close of trading on Thursday.

C. R. Bard, Inc., together with its subsidiaries, engages in the design, manufacture, packaging, distribution, and sale of medical, surgical, diagnostic, and patient care devices worldwide. It offers vascular, urology, oncology, and surgical specialty products. The company has a P/E ratio of 14.5, below the average health services industry P/E ratio of 23.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates C.R. Bard as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full C.R. Bard 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.
null

If you liked this article you might like

EY's Greene Sees More Med Tech, CRO Deals Ahead

Deals of the Week: Waiting for Clarity

Merger Buzz Drives Akorn to Top of Health Chart in April

Deals of the Week: Reason for Optimism

Good Medicine Makes for 3 Good Charts