GNC Acquisition Stock Falls On Unusually High Volume (GNC)

NEW YORK ( TheStreet) -- GNC Acquisition Holdings (NYSE: GNC) is trading at unusually high volume Thursday with 9.3 million shares changing hands. It is currently at four times its average daily volume and trading down 98 cents (-2.6%) at $36.91 as of 3:50 p.m. ET.

GNC Acquisition has a market cap of $3.97 billion and is part of the services sector and retail industry. Shares are up 28.9% year to date as of the close of trading on Wednesday.

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 21.1, below the average retail industry P/E ratio of 21.6 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 robust revenue growth, solid stock price performance and impressive record of earnings per share 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.

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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