SolarWinds Rises On Unusually High Volume (SWI)

NEW YORK ( TheStreet) -- SolarWinds (NYSE: SWI) is trading at unusually high volume Tuesday with 4.4 million shares changing hands. It is currently at four times its average daily volume and trading up $3 (+9%) at $36.27 as of 2:50 p.m. ET.

SolarWinds has a market cap of $2.25 billion and is part of the technology sector and computer software & services industry. Shares are up 19.1% year to date as of the close of trading on Monday.

SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software to IT professionals. The company has a P/E ratio of 41.8, above the average computer software & services industry P/E ratio of 37.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates SolarWinds 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, notable return on equity, expanding profit margins and good cash flow from operations. 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 SolarWinds Ratings Report.

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