NVIDIA Rises On Unusually High Volume (NVDA)

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) -- NVIDIA Corporation (Nasdaq: NVDA) is trading at unusually high volume Thursday with 21.9 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up 36 cents (+2.9%) at $12.73 as of 4 p.m. ET.

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NVIDIA has a market cap of $7.77 billion and is part of the technology sector and electronics industry. Shares are up 1.4% year to date as of the close of trading on Wednesday.

NVIDIA Corporation provides graphics chips for use in smartphones, personal computers (PC), tablets, and professional workstations markets worldwide. It operates in three segments: Graphic Processing Unit (GPU), Professional Solutions Business (PSB), and Consumer Products Business (CPB). The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NVIDIA as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full NVIDIA Ratings Report.

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