NYSE Euronext Rises On Unusually High Volume (NYX)

NEW YORK ( TheStreet) -- NYSE Euronext (NYSE: NYX) is trading at unusually high volume Wednesday with 10.4 million shares changing hands. It is currently at 4.6 times its average daily volume and trading up $5.53 (+16.6%) at $38.94 as of 12:12 p.m. ET. NYSE Euronext has a market cap of $8.8 billion and is part of the financial sector and financial services industry. Shares are up 11.4% year to date as of the close of trading on Tuesday.

NYSE Euronext, through its subsidiaries, provides securities listing, trading, market data products, and software and technology services worldwide. The company has a P/E ratio of 9.5, below the average financial services industry P/E ratio of 14.4 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates NYSE Euronext as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full NYSE Euronext Ratings Report.

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