Express Rises On Unusually High Volume (EXPR)

NEW YORK ( TheStreet) -- Express (NYSE: EXPR) is trading at unusually high volume Wednesday with 4.1 million shares changing hands. It is currently at four times its average daily volume and trading up $1.06 (+6.3%) at $17.82 as of 2:25 p.m. ET.

Express has a market cap of $2.06 billion and is part of the services sector and retail industry. Shares are up 15.8% year to date as of the close of trading on Tuesday.

Express, Inc. operates specialty retail stores in the United States. The company's stores offer apparel and accessories for women and men between 20 and 30 years old across various aspects of the lifestyles comprising work, casual, jeanswear, and going-out occasions. It also sells gift cards. The company has a P/E ratio of 14.6, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Express as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Express Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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