Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- Energizer Holdings (NYSE: ENR) is trading at unusually high volume Tuesday with 2.9 million shares changing hands. It is currently at four times its average daily volume and trading up $7.91 (+11.7%) at $75.83 as of 1:50 p.m. ET.
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Energizer has a market cap of $4.4 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 12.3% year to date as of the close of trading on Monday. Energizer Holdings, Inc. engages in the manufacture and sale of primary batteries, portable lighting, and personal care products worldwide. It offers household and specialty batteries, including carbon zinc, alkaline, rechargeable, and lithium batteries. The company has a P/E ratio of 13.4, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Energizer as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations, growth in earnings per share, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Energizer Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.