Endo Health Stock Falls On Unusually High Volume (ENDP)
Endo Health Solutions (Nasdaq:ENDP) is trading at unusually high volume Monday with 6.6 million shares changing hands. It is currently at four times its average daily volume and trading down $2.49 (-8.5%).
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) -- Endo Health Solutions (Nasdaq: ENDP) is trading at unusually high volume Monday with 6.6 million shares changing hands. It is currently at four times its average daily volume and trading down $2.49 (-8.5%) at $26.74 as of 3:56 p.m. ET.
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Endo Health has a market cap of $3.39 billion and is part of the health care sector and drugs industry. Shares are down 16% year to date as of the close of trading on Friday. Endo Health Solutions Inc. provides specialty healthcare solutions in the United States and internationally. The company has a P/E ratio of -967, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Endo Health as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full Endo Health 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 for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.