F5 Rises On Unusually High Volume (FFIV)

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) -- F5 Networks (Nasdaq: FFIV) is trading at unusually high volume Thursday with 3.2 million shares changing hands. It is currently at two times its average daily volume and trading up $5.61 (+5.7%) at $104.42 as of 12:51 p.m. ET.

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F5 has a market cap of $7.64 billion and is part of the technology sector and computer software & services industry. Shares are down 0.5% year to date as of the close of trading on Wednesday.

F5 Networks, Inc. provides application delivery networking technology that secures and optimizes the delivery of network-based applications, and the security, performance, and availability of servers and other network resources. The company has a P/E ratio of 28, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates F5 as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full F5 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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