Time Warner Rises On Unusually High Volume (TWX)

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) -- Time Warner (NYSE: TWX) is trading at unusually high volume Thursday with 11.7 million shares changing hands. It is currently at two times its average daily volume and trading up $1.30 (+2.3%) at $56.76 as of 3:26 p.m. ET.

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Time Warner has a market cap of $51.46 billion and is part of the services sector and media industry. Shares are up 16% year to date as of the close of trading on Wednesday.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. The company has a P/E ratio of 17.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Time Warner 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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