NEW YORK ( TheStreet) -- VanceInfo Technologies (NYSE: VIT) is trading at unusually high volume Tuesday with 1.1 million shares changing hands. It is currently at four times its average daily volume and trading down 41 cents (-3.8%) at $10.51 as of 3:36 p.m. ET. VanceInfo has a market cap of $514.2 million and is part of the technology sector and computer software & services industry. Shares are up 20.4% year to date as of the close of trading on Monday. VanceInfo Technologies Inc., together with its subsidiaries, engages in providing information technology (IT) consulting services. The company has a P/E ratio of 23.5, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates VanceInfo as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full VanceInfo Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
Shares of VanceInfo Technologies (NYSE:VIT) have taken a tremendous swing upward. The stock is trading at $10.69 as of 2:30 p.m. ET, 20.5% above Monday's closing price of $8.87. Volume is at 3.1 million, 2.7 times the daily average of 1.2 million.
Shares of VanceInfo Technologies (NYSE:VIT) have taken a tremendous swing upward. The stock is trading at $13.27 as of 1:56 p.m. ET, 20.4% above Wednesday's closing price of $11.02. Volume is at 1.3 million, one times the daily average of 1.2 million.