NEW YORK ( TheStreet) -- Global Payments (NYSE: GPN) is trading at unusually high volume Tuesday with 2.9 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.39 (+3%) at $47.13 as of 1:15 p.m. ET. Global Payments has a market cap of $3.8 billion and is part of the services sector and diversified services industry. Shares are down 3.5% year to date as of the close of trading on Monday. Global Payments Inc. provides electronic transaction processing services for merchants, independent sales organizations (ISO), financial institutions, government agencies, and multi-national corporations located in the United States, Canada, Europe, and the Asia-Pacific region. The company has a P/E ratio of 16.4, below the average diversified services industry P/E ratio of 16.8 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Global Payments 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, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Global Payments 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.