Home Inns & Hotels Management Rises On Unusually High Volume (HMIN)

NEW YORK ( TheStreet) -- Home Inns & Hotels Management (Nasdaq: HMIN) is trading at unusually high volume Wednesday with 1.4 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up $1 (+3.4%) at $30.75 as of 4 p.m. ET.

Home Inns & Hotels Management has a market cap of $1.29 billion and is part of the services sector and leisure industry. Shares are up 14.5% year to date as of the close of trading on Tuesday.

Home Inns & Hotels Management Inc. develops, leases, operates, franchises, and manages a chain of economy hotels in the People's Republic of China. The company operates its hotels under the Home Inn brand name. The company has a P/E ratio of 19.3, below the average leisure industry P/E ratio of 75.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Home Inns & Hotels Management as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Home Inns & Hotels Management Ratings Report.

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