CenturyLink Rises On Unusually High Volume (CTL)

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) -- CenturyLink (NYSE: CTL) is trading at unusually high volume Friday with 9.9 million shares changing hands. It is currently at 2.2 times its average daily volume and trading up 67 cents (+2.1%) at $32.94 as of 10:05 a.m. ET.

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CenturyLink has a market cap of $26.03 billion and is part of the technology sector and telecommunications industry. Shares are up 6.6% year to date as of the close of trading on Thursday.

CenturyLink, Inc. operates as an integrated telecommunications company in the United States. The company provides local and long-distance, network access, private line, public access, broadband, data, managed hosting, colocation, wireless, and video services to consumers and businesses. The company has a P/E ratio of 27.4, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates CenturyLink as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. 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 CenturyLink 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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