GeoEye Rises On Unusually High Volume (GEOY)

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.

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