Tiffany Rises On Unusually High Volume (TIF)

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) -- Tiffany (NYSE: TIF) is trading at unusually high volume Monday with 4.8 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.44 (+2.1%) at $70.48 as of 4 p.m. ET.

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Tiffany has a market cap of $8.51 billion and is part of the services sector and specialty retail industry. Shares are up 17.1% year to date as of the close of trading on Friday.

Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of fine jewelry worldwide. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Tiffany as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Tiffany 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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