Questcor Rises On Unusually High Volume (QCOR)

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) -- Questcor Pharmaceuticals (Nasdaq: QCOR) is trading at unusually high volume Friday with 3.1 million shares changing hands. It is currently at two times its average daily volume and trading up $1.34 (+4.9%) at $28.75 as of 12:20 p.m. ET.

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Questcor has a market cap of $1.57 billion and is part of the health care sector and drugs industry. Shares are up 0.4% year to date as of the close of trading on Thursday.

Questcor Pharmaceuticals, Inc., a biopharmaceutical company, provides prescription drugs for the treatment of multiple sclerosis, nephrotic syndrome, and infantile spasms indications. It primarily offers H.P. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Questcor as a hold. 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 and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Questcor 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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