Monster Beverage Rises On Unusually High Volume (MNST)

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) -- Monster Beverage (Nasdaq: MNST) is trading at unusually high volume Thursday with 4.1 million shares changing hands. It is currently at two times its average daily volume and trading up $2.63 (+5.3%) at $52.25 as of 2:12 p.m. ET.

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Monster Beverage has a market cap of $8.39 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 6.1% year to date as of the close of trading on Wednesday.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. The company has a P/E ratio of 26.9, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Monster Beverage 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, notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Monster Beverage Ratings Report.

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