Range Rises On Unusually High Volume (RRC)

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) -- Range Resources Corporation (NYSE: RRC) is trading at unusually high volume Thursday with 3.1 million shares changing hands. It is currently at two times its average daily volume and trading up $2.78 (+3.9%) at $74.56 as of 4 p.m. ET.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Range has a market cap of $12.22 billion and is part of the basic materials sector and energy industry. Shares are up 14.2% year to date as of the close of trading on Wednesday.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. It engages in the acquisition, exploration, and development of natural gas and oil properties. The company has a P/E ratio of 936.5, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Range as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Range Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Trader's Daily Notebook: Apple's Chart Looks Really Good

Blackberry, Exact Sciences, Splunk, Freeport-McMoRan: 'Mad Money' Lightning Round

Get Your Head Into the Cloud: Cramer's 'Mad Money' Recap (Monday 5/22/17)

Jim Cramer on Trading Natural Gas Stocks Cabot, Chesapeake