MetLife Rises On Unusually High Volume (MET)

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) -- MetLife (NYSE: MET) is trading at unusually high volume Thursday with 18 million shares changing hands. It is currently at two times its average daily volume and trading up $1.57 (+4.1%) at $39.97 as of 4 p.m. ET.

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MetLife has a market cap of $42.76 billion and is part of the financial sector and insurance industry. Shares are up 16.6% year to date as of the close of trading on Wednesday.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. The company has a P/E ratio of 36.1, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year 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 MetLife Ratings Report.

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