GNC Acquisition Rises On Unusually High Volume (GNC)
GNC Acquisition Holdings (NYSE:GNC) is trading at unusually high volume Thursday with 3.6 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $2.23 (+6.2%).
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) -- GNC Acquisition Holdings (NYSE: GNC) is trading at unusually high volume Thursday with 3.6 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $2.23 (+6.2%) at $38.20 as of 10:31 a.m. ET.
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GNC Acquisition has a market cap of $3.51 billion and is part of the services sector and retail industry. Shares are up 6.3% year to date as of the close of trading on Wednesday. GNC Holdings, Inc. operates as a specialty retailer of health and wellness products. Its products include vitamins, minerals, and herbal supplement products, as well as sports nutrition and diet products. The company has a P/E ratio of 16.4, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates GNC Acquisition as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow. You can view the full GNC Acquisition 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.