H&E Equipment Services Rises On Unusually High Volume (HEES)

NEW YORK ( TheStreet) -- H&E Equipment Services (Nasdaq: HEES) is trading at unusually high volume Thursday with 570,000 shares changing hands. It is currently at 4.2 times its average daily volume and trading up $1.16 (+6.7%) at $18.45 as of 10:10 a.m. ET.

H&E Equipment Services has a market cap of $569.1 million and is part of the industrial goods sector and industrial industry. Shares are up 28.8% year to date as of the close of trading on Wednesday.

H&E Equipment Services, Inc., an integrated equipment services company, provides heavy construction and industrial equipment in the United States.

TheStreet Ratings rates H&E Equipment Services as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full H&E Equipment Services Ratings Report.

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