Cardtronics Rises On Unusually High Volume (CATM)

NEW YORK ( TheStreet) -- Cardtronics (Nasdaq: CATM) is trading at unusually high volume Friday with 1.4 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up 56 cents (+2.2%) at $26.05 as of 11:50 a.m. ET.

Cardtronics has a market cap of $1.21 billion and is part of the services sector and diversified services industry. Shares are down 5.8% year to date as of the close of trading on Thursday.

Cardtronics, Inc., together with its subsidiaries, provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The company has a P/E ratio of 16.4, below the average diversified services industry P/E ratio of 17.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cardtronics as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, 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 generally poor debt management on most measures that we evaluated. You can view the full Cardtronics Ratings Report.

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