United Continental Rises On Unusually High Volume (UAL)
United Continental Holdings (NYSE:UAL) is trading at unusually high volume Thursday with 7.5 million shares changing hands. It is currently at two times its average daily volume and trading up $1.65 (+7.7%).
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) -- United Continental Holdings (NYSE: UAL) is trading at unusually high volume Thursday with 7.5 million shares changing hands. It is currently at two times its average daily volume and trading up $1.65 (+7.7%) at $23.06 as of 4 p.m. ET.
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United Continental has a market cap of $7.22 billion and is part of the services sector and transportation industry. Shares are up 15.1% year to date as of the close of trading on Wednesday. United Continental Holdings, Inc., through its subsidiaries, engages in the provision of passenger and cargo air transportation services. TheStreet Ratings rates United Continental as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full United Continental Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.