NEW YORK (
) is trading at unusually high volume Wednesday with 1.7 million shares changing hands. It is currently at 4.3 times its average daily volume and trading up $1.17 (+2.5%) at $47.32 as of 4:06 p.m. ET.
Solera has a market cap of $3.28 billion and is part of the
industry. Shares are down 10.1% year to date as of the close of trading on Tuesday.
Solera Holdings, Inc., together with its subsidiaries, provides software and services to the automobile insurance claims processing industry. The company has a P/E ratio of 20.6, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Solera as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
See all heavy volume stocks in our
or get investment ideas from our
Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting
to 95370 or select from