VanceInfo Rises On Unusually High Volume (VIT)

NEW YORK ( TheStreet) -- VanceInfo Technologies (NYSE: VIT) is trading at unusually high volume Thursday with 3.2 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $2.67 (+12.3%) at $24.37 as of 3:52 p.m. ET.

VanceInfo has a market cap of $976.7 million and is part of the technology sector and computer software & services industry.

VanceInfo Technologies Inc., together with its subsidiaries, engages in the provision of information technology (IT) services.

TheStreet Ratings rates VanceInfo as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, solid stock price performance, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full VanceInfo Ratings Report.

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