NEW YORK (
) is trading at unusually high volume Wednesday with two million shares changing hands. It is currently at five times its average daily volume and trading up $2.15 (+4.8%) at $47.17 as of 4 p.m. ET.
Micros Systems has a market cap of $3.45 billion and is part of the
industry. Shares are up 2.6% year to date as of the close of trading on Tuesday.
MICROS Systems, Inc. designs, manufactures, markets, and services enterprise information solutions for the hospitality and specialty retail industries. The company has a P/E ratio of 25, above the average computer software & services industry P/E ratio of 23.8 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Micros Systems as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, reasonable valuation levels, expanding profit margins and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
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