Microsoft Corporation (Nasdaq:MSFT) is trading at unusually high volume Friday with 98.5 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up 98 cents (+3.4%).
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) -- Microsoft Corporation (Nasdaq: MSFT) is trading at unusually high volume Friday with 98.5 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up 98 cents (+3.4%) at $29.76 as of 4 p.m. ET.
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Microsoft has a market cap of $241.45 billion and is part of the technology sector and computer software & services industry. Shares are up 7.9% year to date as of the close of trading on Thursday. Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Microsoft as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, 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 Microsoft Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.