Brink's Stock Soars (BCO)

NEW YORK ( TheStreet) -- Shares of Brink's Company (NYSE: BCO) have taken a tremendous swing upward. The stock is trading at $26.47 as of 11:10 a.m. ET, 20.3% above Wednesday's closing price of $22. Volume is at 578,255, 1.2 times the daily average of 471,800.

Brink's has a market cap of $1.03 billion and is part of the services sector and diversified services industry. Shares are down 18.2% year to date as of the close of trading on Wednesday.

The Brink's Company, together with its subsidiaries, engages in the provision of secure transportation, cash logistics, and other security-related services to banks and financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations worldwide. The company has a P/E ratio of 14.4, above the average diversified services industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Brink's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Brink's Ratings Report.

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