NEW YORK (
) is trading at unusually high volume Wednesday with 8.9 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 46 cents (+3.5%) at $13.62 as of 3:50 p.m. ET.
SAIC has a market cap of $4.39 billion and is part of the
industry. Shares are up 7% year to date as of the close of trading on Tuesday.
SAIC, Inc. scientific, engineering, systems integration, and technical services and solutions to various branches of the U.S. military, agencies of the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security and the other U.S. The company has a P/E ratio of 16.6, above the average diversified services industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates SAIC as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full
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