NEW YORK ( TheStreet) -- Capital One Financial (NYSE: COF) is trading at unusually high volume Thursday with 22 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.30 (+2.5%) at $53.63 as of 3:55 p.m. ET. Capital One Financial has a market cap of $20.7 billion and is part of the financial sector and financial services industry. Shares are up 20.5% year to date as of the close of trading on Wednesday. Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA), and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. The company has a P/E ratio of 7.2, above the average financial services industry P/E ratio of 6.6 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Capital One Financial 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.