NEW YORK ( TheStreet) -- SAVVIS (Nasdaq: SVVS) is trading at unusually high volume Wednesday with 5.2 million shares changing hands. It is currently at 6.1 times its average daily volume and trading up $3.08 (+8.6%) at $39.10 as of 9:32 a.m. ET. SAVVIS has a market cap of $2.1 billion and is part of the services sector and diversified services industry. Shares are up 41.1% year to date as of the close of trading on Tuesday. SAVVIS, Inc. provides information technology (IT) services to businesses and government agencies worldwide. Its services primarily include hosting and network services. TheStreet Ratings rates SAVVIS as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and generally poor debt management. You can view the full SAVVIS Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.
SAVVIS (Nasdaq:SVVS) hit a new 52-week high Wednesday as it is currently trading at $39.69, above its previous 52-week high of $39.68 with 571,947 shares traded as of 11:21 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.
SAVVIS (Nasdaq:SVVS) hit a new 52-week high Monday as it is currently trading at $39.45, above its previous 52-week high of $39.44 with 42,333 shares traded as of 9:46 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.
SAVVIS (Nasdaq:SVVS) hit a new 52-week high Friday as it is currently trading at $39.39, above its previous 52-week high of $39.36 with 291,574 shares traded as of 10:46 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.