LKQ Rises On Unusually High Volume (LKQ)

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) -- LKQ Corporation (Nasdaq: LKQ) is trading at unusually high volume Thursday with 3.9 million shares changing hands. It is currently at two times its average daily volume and trading up $1.31 (+6.1%) at $22.79 as of 3:01 p.m. ET.

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LKQ has a market cap of $6.31 billion and is part of the consumer goods sector and automotive industry. Shares are up 0.3% year to date as of the close of trading on Wednesday.

LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair vehicles, primarily cars and trucks in the United States, the United Kingdom, Canada, Mexico, and Central America. The company has a P/E ratio of 24.3, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates LKQ 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, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full LKQ 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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