Computer Sciences Rises On Unusually High Volume (CSC)
Computer Sciences Corporation (NYSE:CSC) is trading at unusually high volume Tuesday with 3.2 million shares changing hands. It is currently at two times its average daily volume and trading up $4.40 (+10.5%).
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) -- Computer Sciences Corporation (NYSE: CSC) is trading at unusually high volume Tuesday with 3.2 million shares changing hands. It is currently at two times its average daily volume and trading up $4.40 (+10.5%) at $46.31 as of 2:50 p.m. ET.
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Computer Sciences has a market cap of $6.63 billion and is part of the technology sector and computer software & services industry. Shares are up 6.6% year to date as of the close of trading on Monday. Computer Sciences Corporation provides information technology (IT) and professional services to governments and commercial enterprises. TheStreet Ratings rates Computer Sciences as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally higher debt management risk. You can view the full Computer Sciences Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.