Companhia De Bebidas Das Americas Ambev Rises On Unusually High Volume (ABV)

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) -- Companhia de Bebidas das Americas Ambev (NYSE: ABV) is trading at unusually high volume Tuesday with 4.1 million shares changing hands. It is currently at two times its average daily volume and trading up $2.10 (+5.4%) at $41.12 as of 2:06 p.m. ET.

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Companhia de Bebidas das Americas Ambev has a market cap of $123.23 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 6.8% year to date as of the close of trading on Monday.

Companhia de Bebidas das Americas Ambev engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt, and other non-alcoholic and non-carbonated products in the Americas. It also sells bottled water, isotonics, and ready-to-drink teas. The company has a P/E ratio of 103.6, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Companhia de Bebidas das Americas Ambev as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity 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 Companhia de Bebidas das Americas Ambev Ratings Report.

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