TD Ameritrade Holding Rises On Unusually High Volume (AMTD)

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) -- TD Ameritrade Holding Corporation (NYSE: AMTD) is trading at unusually high volume Tuesday with six million shares changing hands. It is currently at two times its average daily volume and trading up 55 cents (+3%) at $19 as of 2:21 p.m. ET.

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TD Ameritrade Holding has a market cap of $10.08 billion and is part of the financial sector and financial services industry. Shares are up 9.8% year to date as of the close of trading on Friday.

TD Ameritrade Holding Corporation provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates TD Ameritrade Holding as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full TD Ameritrade Holding Ratings Report.

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

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