SolarWinds Rises On Unusually High Volume (SWI)

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) -- SolarWinds (NYSE: SWI) is trading at unusually high volume Thursday with 1.4 million shares changing hands. It is currently at two times its average daily volume and trading up $1.17 (+2.7%) at $44.62 as of 2:16 p.m. ET.

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SolarWinds has a market cap of $3.82 billion and is part of the technology sector and computer software & services industry. Shares are down 17.2% year to date as of the close of trading on Wednesday.

SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise-class information technology (IT) and infrastructure management software to IT professionals in various organizations worldwide. The company has a P/E ratio of 43.1, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates SolarWinds as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full SolarWinds Ratings Report.

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