Hain Celestial Group Rises On Unusually High Volume (HAIN)
Hain Celestial Group (Nasdaq:HAIN) is trading at unusually high volume Thursday with 1.5 million shares changing hands. It is currently at two times its average daily volume and trading up $2.16 (+3.9%).
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) -- Hain Celestial Group (Nasdaq: HAIN) is trading at unusually high volume Thursday with 1.5 million shares changing hands. It is currently at two times its average daily volume and trading up $2.16 (+3.9%) at $57.13 as of 3:31 p.m. ET.
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Hain Celestial Group has a market cap of $2.56 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 1.4% year to date as of the close of trading on Wednesday. The Hain Celestial Group, Inc., together with its subsidiaries, manufactures, markets, distributes, and sells natural and organic products. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Hain Celestial Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Hain Celestial Group Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.