Health Care REIT Rises On Unusually High Volume (HCN)

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) -- Health Care REIT (NYSE: HCN) is trading at unusually high volume Friday with 4.9 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.25 (+2%) at $63.35 as of 4:07 p.m. ET.

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Health Care REIT has a market cap of $18.61 billion and is part of the financial sector and real estate industry. Shares are up 1.3% year to date as of the close of trading on Thursday.

Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The company has a P/E ratio of 89.6, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Health Care REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. You can view the full Health Care REIT Ratings Report.

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