NEW YORK ( TheStreet) -- Rosetta Resources (Nasdaq: ROSE) is trading at unusually high volume Tuesday with 4.2 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.18 (+2.8%) at $42.70 as of 3:47 p.m. ET. Rosetta has a market cap of $2.4 billion and is part of the basic materials sector and energy industry. Shares are up 10.3% year to date as of the close of trading on Monday. Rosetta Resources Inc., an independent exploration and production company, engages in the exploration, development, production, and acquisition of onshore oil and gas resources in the United States. The company has a P/E ratio of 102.3, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Rosetta as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, robust revenue growth and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Rosetta 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.