GNC Acquisition Stock Falls On Unusually High Volume (GNC)

NEW YORK ( TheStreet) -- GNC Acquisition Holdings (NYSE: GNC) is trading at unusually high volume Friday with 7.5 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $1.08 (-3%) at $35.42 as of 4 p.m. ET.

GNC Acquisition has a market cap of $3.9 billion and is part of the services sector and retail industry. Shares are up 29.1% year to date as of the close of trading on Thursday.

GNC Holdings, Inc. operates as a specialty retailer of health and wellness products. Its products include vitamins, minerals, and herbal supplement products, as well as sports nutrition and diet products. The company has a P/E ratio of 20.7, below the average retail industry P/E ratio of 21.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates GNC Acquisition as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and robust revenue growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full GNC Acquisition Ratings Report.

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