Bunge Rises On Unusually High Volume (BG)

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) -- Bunge (NYSE: BG) is trading at unusually high volume Friday with 2.5 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.36 (+2%) at $68.98 as of 3:10 p.m. ET.

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Bunge has a market cap of $9.95 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 7% year to date as of the close of trading on Thursday.

Bunge Limited, through its subsidiaries, engages in agriculture and food business worldwide. The company has a P/E ratio of 27.1, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Bunge as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Bunge Ratings Report.

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