Expedia Rises On Unusually High Volume (EXPE)

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) -- Expedia (Nasdaq: EXPE) is trading at unusually high volume Tuesday with 4.2 million shares changing hands. It is currently at 2.2 times its average daily volume and trading up $2.27 (+3.5%) at $67.43 as of 3:55 p.m. ET.

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Expedia has a market cap of $8.21 billion and is part of the services sector and leisure industry. Shares are up 9.5% year to date as of the close of trading on Monday.

Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The company has a P/E ratio of 26.3, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Expedia as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, attractive valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Expedia 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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