Warner Chilcott Rises On Unusually High Volume (WCRX)

NEW YORK ( TheStreet) -- Warner Chilcott (Nasdaq: WCRX) is trading at unusually high volume Friday with 8.8 million shares changing hands. It is currently at four times its average daily volume and trading up $2.06 (+11.8%) at $19.46 as of 2:35 p.m. ET.

Warner Chilcott has a market cap of $4.33 billion and is part of the health care sector and drugs industry. Shares are down 2.1% year to date as of the close of trading on Thursday.

Warner Chilcott plc, a specialty pharmaceutical company, focuses on the development, manufacture, and promotion of branded pharmaceutical products in women's healthcare, gastroenterology, dermatology, and urology segments in North America and western Europe markets. The company has a P/E ratio of 13.3, below the average drugs industry P/E ratio of 25.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Warner Chilcott as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Warner Chilcott Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
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