Apollo Group Rises On Unusually High Volume (APOL)
NEW YORK (
) --
(Nasdaq:
) 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
. 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
.
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