Mead Johnson Nutrition Rises On Unusually High Volume (MJN)

NEW YORK ( TheStreet) -- Mead Johnson Nutrition Company (NYSE: MJN) is trading at unusually high volume Wednesday with 3.7 million shares changing hands. It is currently at two times its average daily volume and trading up $2.87 (+4.1%) at $73.12 as of 1:36 p.m. ET.

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Mead Johnson Nutrition has a market cap of $14.17 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 6.6% year to date as of the close of trading on Tuesday.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products.

TheStreet Ratings rates Mead Johnson Nutrition as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, good cash flow from operations, growth in earnings per share and revenue growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Mead Johnson Nutrition Ratings Report.

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