Dick's Sporting Goods Rises On Unusually High Volume (DKS)

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) -- Dick's Sporting Goods (NYSE: DKS) is trading at unusually high volume Tuesday with 3.5 million shares changing hands. It is currently at 2.4 times its average daily volume and trading up $1.90 (+4.2%) at $47.01 as of 11:10 a.m. ET.

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Dick's Sporting Goods has a market cap of $4.94 billion and is part of the services sector and specialty retail industry. Shares are down 0.8% year to date as of the close of trading on Monday.

Dick's Sporting Goods, Inc. operates as a sporting goods retailer in the United States. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dick's Sporting Goods as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Dick's Sporting Goods 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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