NEW YORK (
) is trading at unusually high volume Thursday with 1.8 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up 50 cents (+3.7%) at $14 as of 11:16 a.m. ET.
Acxiom has a market cap of $1.4 billion and is part of the
industry. Shares are down 21.3% year to date as of the close of trading on Wednesday.
Acxiom Corporation provides marketing technology and services that enable marketers to manage audience, personalize consumer experiences, and create customer relationships. It operates in two segments, Information Services and Information Products. The company has a P/E ratio of 23.9, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
TheStreet Ratings rates Acxiom as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
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