Mettler-Toledo International Rises On Unusually High Volume (MTD)
Mettler-Toledo International (NYSE:MTD) is trading at unusually high volume Friday with 392,777 shares changing hands. It is currently at two times its average daily volume and trading up $12.60 (+6.2%).
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) -- Mettler-Toledo International (NYSE: MTD) is trading at unusually high volume Friday with 392,777 shares changing hands. It is currently at two times its average daily volume and trading up $12.60 (+6.2%) at $215.30 as of 3:55 p.m. ET.
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Mettler-Toledo International has a market cap of $6.13 billion and is part of the health care sector and health services industry. Shares are up 4.9% year to date as of the close of trading on Thursday. Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Mettler-Toledo International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Mettler-Toledo International 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.