Ryder System Rises On Unusually High Volume (R)

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) -- Ryder System (Nasdaq: R) is trading at unusually high volume Wednesday with 1.3 million shares changing hands. It is currently at two times its average daily volume and trading up $3.89 (+7.3%) at $57.20 as of 12:30 p.m. ET.

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Ryder System has a market cap of $2.97 billion and is part of the services sector and diversified services industry. Shares are up 14.7% year to date as of the close of trading on Tuesday.

Ryder System, Inc. provides transportation and supply chain management solutions. It operates in two segments, Fleet Management Solutions (FMS) and Supply Chain Solutions (SCS). The company has a P/E ratio of 14.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ryder System 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 attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Ryder System Ratings Report.

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