Keryx Biopharmaceuticals (Nasdaq:KERX) is trading at unusually high volume Friday with 8.8 million shares changing hands. It is currently at two times its average daily volume and trading down 67 cents (-7.4%).
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) -- Keryx Biopharmaceuticals (Nasdaq: KERX) is trading at unusually high volume Friday with 8.8 million shares changing hands. It is currently at two times its average daily volume and trading down 67 cents (-7.4%) at $8.41 as of 10:45 a.m. ET.
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Keryx has a market cap of $610.7 million and is part of the health care sector and drugs industry. Shares are up 224% year to date as of the close of trading on Thursday. Keryx Biopharmaceuticals, Inc., a biopharmaceutical company, together with its subsidiaries, focuses on the acquisition, development, and commercialization of pharmaceutical products for the treatment cancer and renal disease. TheStreet Ratings rates Keryx as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, weak operating cash flow, generally disappointing historical performance in the stock itself and poor profit margins. You can view the full Keryx 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.