Constellation Rises On Unusually High Volume (STZ)

NEW YORK ( TheStreet) -- Constellation Brands (NYSE: STZ) is trading at unusually high volume Monday with 10.1 million shares changing hands. It is currently at four times its average daily volume and trading up $2.54 (+13.1%) at $21.91 as of 11:55 a.m. ET.

Constellation has a market cap of $2.99 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 5.7% year to date as of the close of trading on Friday.

Constellation Brands, Inc. produces and markets beverage alcohol in the United States and internationally. The company has a P/E ratio of 9.2, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Constellation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Constellation 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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