Conn's Rises On Unusually High Volume (CONN)

NEW YORK ( TheStreet) -- Conn's (Nasdaq: CONN) is trading at unusually high volume Tuesday with 1.6 million shares changing hands. It is currently at six times its average daily volume and trading up $2.71 (+16.4%) at $19.20 as of 3:19 p.m. ET.

Conn's has a market cap of $382.1 million and is part of the services sector and retail industry. Shares are up 48.6% year to date as of the close of trading on Monday.

Conn's, Inc. operates as a specialty retailer of home appliances, consumer electronics, home office equipment, lawn and garden products, mattresses, and furniture in the United States.

TheStreet Ratings rates Conn's as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Conn's Ratings Report.

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