Hillshire Stock Falls On Unusually High Volume (HSH)
Hillshire Brands (NYSE:HSH) is trading at unusually high volume Thursday with 2.5 million shares changing hands. It is currently at two times its average daily volume and trading down 83 cents (-2.3%).
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) -- Hillshire Brands (NYSE: HSH) is trading at unusually high volume Thursday with 2.5 million shares changing hands. It is currently at two times its average daily volume and trading down 83 cents (-2.3%) at $34.74 as of 12:11 p.m. ET.
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Hillshire has a market cap of $4.41 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 26.4% year to date as of the close of trading on Wednesday. The Hillshire Brands Company engages in the manufacture and marketing of meat-centric food solutions for the retail and foodservice markets worldwide. The company has a P/E ratio of 64.1, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Hillshire as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and generally higher debt management risk. You can view the full Hillshire 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.