Monster Worldwide Rises On Unusually High Volume (MWW)

NEW YORK ( TheStreet) -- Monster Worldwide (NYSE: MWW) is trading at unusually high volume Thursday with 13.6 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up $1.39 (+20%) at $8.33 as of 12:50 p.m. ET.

Monster Worldwide has a market cap of $1.08 billion and is part of the services sector and media industry. Shares are down 12.5% year to date as of the close of trading on Wednesday.

Monster Worldwide, Inc., together with its subsidiaries, provides online employment solutions worldwide. The company operates a network of Websites that connect employers and jobseekers. The company has a P/E ratio of 15.7, below the average media industry P/E ratio of 25.2 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Monster Worldwide as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Monster Worldwide 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

Randstad Shares Gain On Opposition to Monster Takeover Bid

Randstad Shares Gain On Opposition to Monster Takeover Bid

Why Monster Worldwide (MWW) Stock Is Surging Today

Why Monster Worldwide (MWW) Stock Is Surging Today

Monster Worldwide (MWW) Stock Downgraded at B. Riley

Monster Worldwide (MWW) Stock Downgraded at B. Riley

Monster M&A Mash: What's Driving Recruitment Industry Dealmaking

Monster M&A Mash: What's Driving Recruitment Industry Dealmaking

CNBC's Lee Discusses Today's 'Good, Bad And Ugly' Stocks

CNBC's Lee Discusses Today's 'Good, Bad And Ugly' Stocks