Moody's Rises On Unusually High Volume (MCO)

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) -- Moody's Corporation (NYSE: MCO) is trading at unusually high volume Wednesday with 4.1 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.74 (+3.9%) at $46.84 as of 10:26 a.m. ET.

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Moody's has a market cap of $11.02 billion and is part of the services sector and diversified services industry. Shares are down 1.7% year to date as of the close of trading on Tuesday.

Moody's Corporation, through its subsidiaries, provides credit ratings, research, and analysis covering fixed-income securities, other debt instruments, and the entities that issue such instruments in the global capital markets. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Moody's as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Moody's 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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