NASDAQ OMX Group Rises On Unusually High Volume (NDAQ)

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) -- NASDAQ OMX Group (Nasdaq: NDAQ) is trading at unusually high volume Monday with 2.8 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.43 (+4.8%) at $30.90 as of 12 p.m. ET.

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NASDAQ OMX Group has a market cap of $4.83 billion and is part of the financial sector and financial services industry. Shares are up 17.1% year to date as of the close of trading on Friday.

The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NASDAQ OMX Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full NASDAQ OMX Group 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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