NEW YORK (

TheStreet

) --

Signet Jewelers

(NYSE:

SIG

) is trading at unusually high volume Thursday with 2.8 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $2.22 (+5.1%) at $45.77 as of 3:52 p.m. ET.

Signet Jewelers has a market cap of $3.7 billion and is part of the

services

sector and

specialty retail

industry.

Signet Jewelers Limited operates as a specialty jewelry retailer in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. It engages in the retail of jewelry and watches, as well as offers associated services.

TheStreet Ratings rates Signet Jewelers as a

TheStreet Recommends

buy

. 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, expanding profit margins, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Signet Jewelers Ratings Report

.

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