Green Mountain Coffee Roasters Rises On Unusually High Volume (GMCR)
NEW YORK (TheStreet) -- Green Mountain Coffee Roasters (Nasdaq:GMCR) is trading at unusually high volume Friday with 21.2 million shares changing hands. It is currently at four times its average daily volume and trading up $1.37 (+5.3%) at $27.24 as of 1:45 p.m. ET.
Green Mountain Coffee Roasters has a market cap of $7.67 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 42.3% year to date as of the close of trading on Thursday.
Green Mountain Coffee Roasters, Inc. engages in the specialty coffee and coffee maker business. The company has a P/E ratio of 23.7, below the average food & beverage industry P/E ratio of 25.4 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Green Mountain Coffee Roasters as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Green Mountain Coffee Roasters Ratings Report.