NEW YORK ( TheStreet) -- DDR (NYSE: DDR) is trading at unusually high volume Thursday with 12.9 million shares changing hands. It is currently at four times its average daily volume and trading up 33 cents (+2.5%) at $13.40 as of 1:30 p.m. ET. DDR has a market cap of $3.56 billion and is part of the financial sector and real estate industry. Shares are up 5.8% year to date as of the close of trading on Wednesday. DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers. TheStreet Ratings rates DDR as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full DDR 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.
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