NEW YORK (

TheStreet

) --

Tivo

(Nasdaq:

TIVO

) is trading at unusually high volume Thursday with 11.4 million shares changing hands. It is currently at four times its average daily volume and trading up $1.39 (+17.1%) at $9.51 as of 12:46 p.m. ET.

Tivo has a market cap of $983.2 million and is part of the

services

sector and

media

industry. Shares are down 5.9% year to date as of the close of trading on Wednesday.

TiVo Inc., together with its subsidiaries, provides technology and services for television solutions, including digital video recorders (DVRs) and connected televisions in the United States and internationally. The company has a P/E ratio of 19.2, equal to the average media industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Tivo as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and reasonable valuation levels. 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

Tivo Ratings Report

.

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