NEW YORK ( TheStreet) -- Radiant Systems (Nasdaq: RADS) is trading at unusually high volume Wednesday with 1.4 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $1.33 (-7%) at $17.79 as of 11:31 a.m. ET. Radiant Systems has a market cap of $762 million and is part of the technology sector and computer software & services industry. Shares are down 2.3% year to date as of the close of trading on Tuesday. Radiant Systems, Inc. engages in the development, installation, and delivery of solutions for managing site operations in the hospitality and retail industries primarily in Africa, Asia, Australia, Europe, Latin America, the Middle East, North America, and South America. TheStreet Ratings rates Radiant Systems as hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. You can view the full Radiant Systems Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
Radiant Systems (Nasdaq:RADS) hit a new 52-week high Thursday as it is currently trading at $28.40, above its previous 52-week high of $28.39 with 184,127 shares traded as of 10:06 a.m. ET. Average volume has been 957,500 shares over the past 30 days.