Hasbro Rises On Unusually High Volume (HAS)

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) -- Hasbro (Nasdaq: HAS) is trading at unusually high volume Tuesday with 5.6 million shares changing hands. It is currently at four times its average daily volume and trading up $1.74 (+4.8%) at $37.91 as of 2:40 p.m. ET.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Hasbro has a market cap of $4.63 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 13.4% year to date as of the close of trading on Monday.

Hasbro, Inc., together with its subsidiaries, engages in the provision of children's and family leisure time products and services worldwide. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hasbro as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Hasbro 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!.
null

If you liked this article you might like

Why Hasbro Thinks Star Wars Toys Are Still a Big Deal

Why Hasbro Thinks Star Wars Toys Are Still a Big Deal

Walmart's Quarter and Outlook Probably Have Wall Street Confused

Walmart's Quarter and Outlook Probably Have Wall Street Confused

Blame Amazon for Walmart's Surprising 2018 Outlook

Blame Amazon for Walmart's Surprising 2018 Outlook

Hasbro Is Full Steam Ahead Despite Toys R' Us Bankruptcy

Hasbro Is Full Steam Ahead Despite Toys R' Us Bankruptcy

Hasbro CEO: I Am Totally Bullish on Star Wars Franchise

Hasbro CEO: I Am Totally Bullish on Star Wars Franchise