Archer-Daniels Midland Rises On Unusually High Volume (ADM)

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) -- Archer-Daniels Midland Company (NYSE: ADM) is trading at unusually high volume Friday with 9.8 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up 90 cents (+2.9%) at $32.11 as of 2:20 p.m. ET.

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Archer-Daniels Midland has a market cap of $20.52 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 13.8% year to date as of the close of trading on Thursday.

Archer-Daniels-Midland Company manufactures and sells protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. The company has a P/E ratio of 15, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Archer-Daniels Midland as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Archer-Daniels Midland Ratings Report.

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