Finish Line Rises On Unusually High Volume (FINL)

NEW YORK ( TheStreet) -- Finish Line (Nasdaq: FINL) is trading at unusually high volume Tuesday with 3.1 million shares changing hands. It is currently at four times its average daily volume and trading up 68 cents (+3.2%) at $21.80 as of 3:45 p.m. ET.

Finish Line has a market cap of $1.06 billion and is part of the services sector and retail industry. Shares are up 9.5% year to date as of the close of trading on Monday.

The Finish Line, Inc., together with its subsidiaries, operates as a mall-based specialty retailer in the United States. It operates Finish Line stores that offer performance and athletic casual footwear, apparel, and accessories for men, women, and kids. The company has a P/E ratio of 13.3, below the average retail industry P/E ratio of 14.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Finish Line as a buy. The company's strengths can be seen in multiple areas, such as its 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 compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Finish Line 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.