NEW YORK ( TheStreet) -- Dillards (NYSE: DDS) is trading at unusually high volume Friday with 3.5 million shares changing hands. It is currently at four times its average daily volume and trading up $5.21 (+7.9%) at $71.40 as of 11:25 a.m. ET. Dillards has a market cap of $2.98 billion and is part of the services sector and retail industry. Shares are up 45.9% year to date as of the close of trading on Thursday. Dillard's, Inc., together with its subsidiaries, operates as fashion apparel, cosmetics, and home furnishing retailer in the United States. The company offers fashion apparel for women, men, and children, as well as accessories and other consumer goods. The company has a P/E ratio of 7.7, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Dillards as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Dillards Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.