NEW YORK ( TheStreet) -- Acuity Brands (NYSE: AYI) is trading at unusually high volume Monday with 1.3 million shares changing hands. It is currently at four times its average daily volume and trading up $4.65 (+9.2%) at $54.97 as of 3:39 p.m. ET. Acuity has a market cap of $2.21 billion and is part of the technology sector and electronics industry. Shares are down 5.1% year to date as of the close of trading on Friday. Acuity Brands, Inc., through its subsidiaries, engages in the design, production, and distribution of lighting solutions and services in North America and internationally. The company has a P/E ratio of 21.7, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Acuity as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Acuity 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.