Gap Rises On Unusually High Volume (GPS)

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) -- Gap (NYSE: GPS) is trading at unusually high volume Friday with 11.7 million shares changing hands. It is currently at two times its average daily volume and trading up $2.35 (+7.5%) at $33.71 as of 1:46 p.m. ET.

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Gap has a market cap of $15.26 billion and is part of the services sector and retail industry. Shares are up 2.6% year to date as of the close of trading on Thursday.

The Gap, Inc. operates as a specialty retailer. The company offers apparel, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brand names. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Gap as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, solid stock price performance, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Gap 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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