Focus Media Rises On Unusually High Volume (FMCN)

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) -- Focus Media (Nasdaq: FMCN) is trading at unusually high volume Monday with 3.3 million shares changing hands. It is currently at two times its average daily volume and trading up 54 cents (+2.1%) at $26.69 as of 2:10 p.m. ET.

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Focus Media has a market cap of $3.38 billion and is part of the services sector and media industry. Shares are up 1.8% year to date as of the close of trading on Friday.

Focus Media Holding Limited, a multi-platform digital media company, operates liquid crystal display (LCD) network using audiovisual digital displays in China. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Focus Media as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Focus Media 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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