Verigy Rises On Unusually High Volume (VRGY)

NEW YORK ( TheStreet) -- Verigy (Nasdaq: VRGY) is trading at unusually high volume Friday with 21.4 million shares changing hands. It is currently at 13.9 times its average daily volume and trading up $1.45 (+10.8%) at $14.94 as of 9:33 a.m. ET.

Verigy has a market cap of $842.2 million and is part of the technology sector and electronics industry. Shares are up 3.6% year to date as of the close of trading on Thursday.

Verigy Ltd., together with its subsidiaries, designs, develops, manufactures, and sells test systems and solutions for the semiconductor industry primarily in North America, Europe, and Asia.

TheStreet Ratings rates Verigy as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we find that the growth in the company's net income has been quite unimpressive. You can view the full Verigy Ratings Report.

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