Harley-Davidson Rises On Unusually High Volume (HOG)

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) -- Harley-Davidson (NYSE: HOG) is trading at unusually high volume Friday with 3.1 million shares changing hands. It is currently at two times its average daily volume and trading up $1.18 (+2.2%) at $54.76 as of 4 p.m. ET.

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Harley-Davidson has a market cap of $11.74 billion and is part of the consumer goods sector and automotive industry. Shares are up 9.7% year to date as of the close of trading on Thursday.

Harley-Davidson, Inc. manufactures heavyweight cruiser and touring motorcycles. The company operates through two segments: the Motorcycles segment and the Financial Services segment. The company has a P/E ratio of 18, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Harley-Davidson as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Harley-Davidson Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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