Dresser-Rand Group Rises On Unusually High Volume (DRC)

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) -- Dresser-Rand Group (NYSE: DRC) is trading at unusually high volume Tuesday with 1.2 million shares changing hands. It is currently at two times its average daily volume and trading up $3.72 (+6.6%) at $60.35 as of 4:02 p.m. ET.

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Dresser-Rand Group has a market cap of $4.25 billion and is part of the industrial goods sector and industrial industry. Shares are up 0.9% year to date as of the close of trading on Monday.

Dresser-Rand Group Inc., together with its subsidiaries, engages in the design, manufacture, sale, and service of engineered rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dresser-Rand Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and increase in stock price during the past year. 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 Dresser-Rand Group Ratings Report.

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