Cardtronics Rises On Unusually High Volume (CATM)

NEW YORK ( TheStreet) -- Cardtronics (Nasdaq: CATM) is trading at unusually high volume Friday with 2.6 million shares changing hands. It is currently at 8.3 times its average daily volume and trading up 40 cents (+2.1%) at $19.16 as of 4 p.m. ET.

Cardtronics has a market cap of $785.5 million and is part of the services sector and diversified services industry. Shares are up 6% year to date as of the close of trading on Thursday.

Cardtronics, Inc. owns and operates ATMs and financial services kiosks. As of December 31, 2009, it operated approximately 33,400 ATMs and financial services kiosks in the United States, the United Kingdom, Mexico, and Puerto Rico. The company has a P/E ratio of 18.6, below the average diversified services industry P/E ratio of 19.4 and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Cardtronics as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, impressive record of earnings per share growth, compelling growth in net income and revenue growth. 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 Cardtronics Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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