Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- CarMax (NYSE: KMX) is trading at unusually high volume Monday with 7.2 million shares changing hands. It is currently at four times its average daily volume and trading up $2.80 (+9.6%) at $31.99 as of 1:46 p.m. ET.
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CarMax has a market cap of $6.59 billion and is part of the services sector and specialty retail industry. Shares are down 4.2% year to date as of the close of trading on Friday. CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It also sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. The company has a P/E ratio of 16.4, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates CarMax as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full CarMax Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.