Interactive Intelligence Rises On Unusually High Volume (ININ)

NEW YORK ( TheStreet) -- Interactive Intelligence (Nasdaq: ININ) is trading at unusually high volume Tuesday with 409,705 shares changing hands. It is currently at four times its average daily volume and trading up $1.98 (+5.4%) at $38.66 as of 3:15 p.m. ET.

Interactive Intelligence has a market cap of $660 million and is part of the technology sector and computer software & services industry. Shares are up 36.2% year to date as of the close of trading on Monday.

Interactive Intelligence, Inc. provides software application suites for voice over Internet protocol (VoIP) business communications to enterprises in the United States and internationally. The company has a P/E ratio of 41.1, below the average computer software & services industry P/E ratio of 41.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Interactive Intelligence as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Interactive Intelligence Ratings Report.

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