Nuance Rises On Unusually High Volume (NUAN)

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) -- Nuance Communications (Nasdaq: NUAN) is trading at unusually high volume Thursday with 6.7 million shares changing hands. It is currently at two times its average daily volume and trading up 52 cents (+2.8%) at $19.03 as of 3:26 p.m. ET.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Nuance has a market cap of $5.98 billion and is part of the technology sector and computer software & services industry. Shares are down 15.3% year to date as of the close of trading on Wednesday.

Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. The company has a P/E ratio of 34.4, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Nuance as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and unimpressive growth in net income. You can view the full Nuance 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.
null

If you liked this article you might like

Here's What Carl Icahn Bought and Sold in the First Quarter

Wall Street Dissects What Trump's Comey Firing Means for Agenda, Disney Drags on Dow

Stocks Fall as Trump's Comey Firing Distracts From Progress in Tax Cut Plan

Stock Futures Fall After Trump Axes FBI Director Comey

Week Ahead: Department Stores Set to Report Earnings Amid Retail's 'Creeping Armageddon'