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 Thursday with 4.2 million shares changing hands. It is currently at 2.4 times its average daily volume and trading up $1.52 (+4.3%) at $37.20 as of 3:11 p.m. ET.

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Hasbro has a market cap of $4.6 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 1.4% year to date as of the close of trading on Wednesday.

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 13.6, 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, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

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