NEW YORK ( TheStreet) -- Verint Systems (Nasdaq: VRNT) is trading at unusually high volume Wednesday with 510,603 shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.04 (+3.1%) at $34.98 as of 2:37 p.m. ET. Verint Systems has a market cap of $1.3 billion and is part of the technology sector and computer software & services industry. Shares are up 7.1% year to date as of the close of trading on Tuesday. Verint Systems Inc. provides actionable intelligence solutions and value-added services worldwide. Its solutions are used to capture, distill, and analyze underused information sources, such as voice, video, and unstructured text. The company has a P/E ratio of 108.2, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Verint Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Verint 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. 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.