CoreLogic Rises On Unusually High Volume (CLGX)
NEW YORK (TheStreet) -- CoreLogic (NYSE:CLGX) is trading at unusually high volume Tuesday with 2.7 million shares changing hands. It is currently at four times its average daily volume and trading up 92 cents (+6.5%) at $15.04 as of 3:55 p.m. ET. CoreLogic has a market cap of $1.56 billion and is part of the financial sector and insurance industry. Shares are up 9.2% year to date as of the close of trading on Monday. CoreLogic, Inc. provides property, financial, and consumer information, analytics, and services to mortgage originators and servicers, financial institutions, government and government-sponsored enterprises, and other businesses in the United States. TheStreet Ratings rates CoreLogic as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full CoreLogic Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.
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