Demand Media Rises On Unusually High Volume (DMD) - TheStreet

NEW YORK (

TheStreet

) --

Demand Media

(NYSE:

DMD

) is trading at unusually high volume Friday with 1.9 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up 27 cents (+2.6%) at $10.57 as of 4:07 p.m. ET.

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Demand Media has a market cap of $890.3 million and is part of the

technology

sector and

internet

industry. Shares are up 54.9% year to date as of the close of trading on Thursday.

Demand Media, Inc., together with its subsidiaries, identifies, creates, distributes, and monetizes in-demand and long-lived content formats.

TheStreet Ratings rates Demand Media as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full

Demand Media Ratings Report

.

See all heavy volume stocks in our

stocks moving on unusual volume list

or get investment ideas from our

investment research center

.

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