Apollo Group Rises On Unusually High Volume (APOL)

NEW YORK ( TheStreet) -- Apollo Group (Nasdaq: APOL) is trading at unusually high volume Tuesday with 9.2 million shares changing hands. It is currently at four times its average daily volume and trading up $3.56 (+11%) at $36.03 as of 3:35 p.m. ET.

Apollo Group has a market cap of $4.03 billion and is part of the services sector and diversified services industry. Shares are down 37.7% year to date as of the close of trading on Monday.

Apollo Group, Inc., through its subsidiaries, provides online and on-campus educational programs and services at the undergraduate, master's, and doctoral levels. The company has a P/E ratio of 7.4, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Apollo Group as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and reasonable valuation levels. 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 Apollo Group Ratings Report.

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

If you liked this article you might like

5 Things You Must Know Before the Market Opens Monday

5 Things You Must Know Before the Market Opens Monday

Week Ahead: Wall Street Welcomes Fourth-Quarter Earnings With the Big Banks

Week Ahead: Wall Street Welcomes Fourth-Quarter Earnings With the Big Banks

It's Going to Take More Than Lax Regulation to Turn Around For-Profit Education Sector

It's Going to Take More Than Lax Regulation to Turn Around For-Profit Education Sector

Buying Stocks With a Private Equity Mindset

Buying Stocks With a Private Equity Mindset

Private Equity: Elevated Valuations Warrant Elevated Caution

Private Equity: Elevated Valuations Warrant Elevated Caution