Whirlpool Rises On Unusually High Volume (WHR)

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) -- Whirlpool Corporation (NYSE: WHR) is trading at unusually high volume Wednesday with 2.6 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $3.68 (+3.5%) at $107.60 as of 3:47 p.m. ET.

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Whirlpool has a market cap of $7.97 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 0.6% year to date as of the close of trading on Tuesday.

Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Whirlpool as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Whirlpool 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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