L Rises On Unusually High Volume (LTD)

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) -- L Brands (NYSE: LTD) is trading at unusually high volume Thursday with 6.8 million shares changing hands. It is currently at two times its average daily volume and trading up $2.17 (+4.5%) at $50.34 as of 3:45 p.m. ET.

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L has a market cap of $13.66 billion and is part of the services sector and retail industry. Shares are up 2.4% year to date as of the close of trading on Wednesday.

L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates L as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full L 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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