Ann Rises On Unusually High Volume (ANN)

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) -- Ann (NYSE: ANN) is trading at unusually high volume Friday with 3.2 million shares changing hands. It is currently at two times its average daily volume and trading up $2.45 (+8.4%) at $31.45 as of 2:30 p.m. ET.

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Ann has a market cap of $1.39 billion and is part of the services sector and retail industry. Shares are down 15.2% year to date as of the close of trading on Thursday.

ANN Inc., together with its subsidiaries, operates as a retailer of women's apparel, shoes, and accessories in the United States. The company offers a range of career and casual separates, dresses, tops, weekend wear, shoes, and accessories under the Ann Taylor and LOFT brands. The company has a P/E ratio of 13.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ann as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Ann 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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