Gardner Denver Rises On Unusually High Volume (GDI)

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) -- Gardner Denver (NYSE: GDI) is trading at unusually high volume Wednesday with 1.6 million shares changing hands. It is currently at 2.7 times its average daily volume and trading up $3.76 (+5.4%) at $73.25 as of 2:40 p.m. ET.

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Gardner Denver has a market cap of $3.35 billion and is part of the industrial goods sector and industrial industry. Shares are down 11.5% year to date as of the close of trading on Tuesday.

Gardner Denver, Inc. designs, manufactures, and markets engineered industrial machinery and related parts and services primarily in North America, Europe, Asia, South America, Africa, and Australia. The company operates in two segments, Industrial Products Group and Engineered Products Group. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Gardner Denver as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Gardner Denver Ratings Report.

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