Raymond James Financial Rises On Unusually High Volume (RJF)

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) -- Raymond James Financial (NYSE: RJF) is trading at unusually high volume Tuesday with 1.5 million shares changing hands. It is currently at two times its average daily volume and trading up 97 cents (+2.4%) at $41.21 as of 3:01 p.m. ET.

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Raymond James Financial has a market cap of $5.7 billion and is part of the financial sector and financial services industry. Shares are up 4.6% year to date as of the close of trading on Monday.

Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities in the United States, Canada, and Europe. The company has a P/E ratio of 17, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Raymond James Financial as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, growth in earnings per share and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Raymond James Financial Ratings Report.

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