TD Ameritrade Holding Rises On Unusually High Volume (AMTD)
TD Ameritrade Holding Corporation (NYSE:AMTD) is trading at unusually high volume Friday with 6.6 million shares changing hands. It is currently at two times its average daily volume and trading up $1.24 (+6.3%).
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) -- TD Ameritrade Holding Corporation (NYSE: AMTD) is trading at unusually high volume Friday with 6.6 million shares changing hands. It is currently at two times its average daily volume and trading up $1.24 (+6.3%) at $20.82 as of 2:11 p.m. ET.
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TD Ameritrade Holding has a market cap of $10.53 billion and is part of the financial sector and financial services industry. Shares are up 16.5% year to date as of the close of trading on Thursday. TD Ameritrade Holding Corporation provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates TD Ameritrade Holding as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, expanding profit margins, increase in stock price during the past year and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full TD Ameritrade Holding 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.