NEW YORK ( TheStreet) -- Advanced Energy Industries (Nasdaq: AEIS) is trading at unusually high volume Tuesday with 1.5 million shares changing hands. It is currently at four times its average daily volume and trading up $1.53 (+12.8%) at $13.47 as of 3:35 p.m. ET. Advanced Energy has a market cap of $490.9 million and is part of the technology sector and electronics industry. Shares are up 11.3% year to date as of the close of trading on Monday. Advanced Energy Industries, Inc., together with its subsidiaries, designs, manufactures, sells, and supports power conversion products that transform power into various usable forms. The company has a P/E ratio of 14.6, below the average electronics industry P/E ratio of 14.7 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Advanced Energy as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Advanced Energy Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.