NEW YORK ( TheStreet) -- Smith Micro Software Incorporated (Nasdaq: SMSI) is trading at unusually high volume Thursday with 1.9 million shares changing hands. It is currently at four times its average daily volume and trading up 34 cents (+4%) at $8.84 as of 1:46 p.m. ET. Smith Micro Software has a market cap of $447.7 million and is part of the technology sector and computer software & services industry. Shares are down 46% year to date as of the close of trading on Wednesday. Smith Micro Software, Inc. develops and markets mobile software products and services. The company has a P/E ratio of 56.8, below the average computer software & services industry P/E ratio of 59.4 and above the S&P 500 P/E ratio of 23.5. TheStreet Ratings rates Smith Micro Software as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Smith Micro Software Ratings Report.