NEW YORK ( TheStreet) -- GeoEye (Nasdaq: GEOY) is trading at unusually high volume Tuesday with 869,538 shares changing hands. It is currently at four times its average daily volume and trading up 47 cents (+3.3%) at $14.71 as of 2:55 p.m. ET.
GeoEye has a market cap of $409.9 million and is part of the technology sector and computer software & services industry. Shares are down 35.9% year to date as of the close of trading on Monday. GeoEye, Inc. provides geospatial information and insight for decision makers and analysts worldwide. The company has a P/E ratio of 8.3, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates GeoEye as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full GeoEye Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
GeoEye (Nasdaq:GEOY) hit a new 52-week low Monday as it is currently trading at $17.92, below its previous 52-week low of $17.98 with 23,389 shares traded as of 10:10 a.m. ET. Average volume has been 277,200 shares over the past 30 days.