Apollo Group Rises On Unusually High Volume (APOL)

Apollo Group (Nasdaq:APOL) is trading at unusually high volume Thursday with 5.6 million shares changing hands. It is currently at two times its average daily volume and trading up 91 cents (+5.1%).
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Apollo Group

(Nasdaq:

APOL

) is trading at unusually high volume Thursday with 5.6 million shares changing hands. It is currently at two times its average daily volume and trading up 91 cents (+5.1%) at $18.80 as of 12:51 p.m. ET.

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Apollo Group has a market cap of $1.97 billion and is part of the services sector and diversified services industry. Shares are down 16.1% year to date as of the close of trading on Wednesday.

Apollo Group, Inc., through its subsidiaries, provides online and on-campus educational programs and services at the undergraduate, master's, and doctoral levels.

TheStreet Ratings rates

Apollo Group

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and a generally disappointing performance in the stock itself. You can view the full

Apollo Group Ratings Report

.

See all heavy volume stocks in our

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