Cubist Rises On Unusually High Volume (CBST)

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) -- Cubist Pharmaceuticals (Nasdaq: CBST) is trading at unusually high volume Tuesday with 1.4 million shares changing hands. It is currently at two times its average daily volume and trading up $1.75 (+3.7%) at $48.78 as of 3:47 p.m. ET.

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Cubist has a market cap of $3.04 billion and is part of the health care sector and drugs industry. Shares are up 11.8% year to date as of the close of trading on Monday.

Cubist Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the research, development, and commercialization of pharmaceutical products for various medical needs in the acute care environment in the United States. The company has a P/E ratio of 22.3, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cubist as a buy. 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, increase in stock price during the past year, reasonable valuation levels and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Cubist Ratings Report.

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