Valeant Pharmaceuticals International Stock Falls On Unusually High Volume (VRX)
Valeant Pharmaceuticals International (NYSE:VRX) is trading at unusually high volume Thursday with 3.7 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down $2.43 (-2.8%).
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) -- Valeant Pharmaceuticals International (NYSE: VRX) is trading at unusually high volume Thursday with 3.7 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down $2.43 (-2.8%) at $83.98 as of 4 p.m. ET.
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Valeant Pharmaceuticals International has a market cap of $26.2 billion and is part of the health care sector and drugs industry. Shares are up 44.6% year to date as of the close of trading on Wednesday. Valeant Pharmaceuticals International, Inc., a specialty pharmaceutical company, develops, manufactures, and markets pharmaceutical products and medical devices in the areas of neurology, dermatology, and branded generics. TheStreet Ratings rates Valeant Pharmaceuticals International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. You can view the full Valeant Pharmaceuticals 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. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..