Invesco Rises On Unusually High Volume (IVZ)

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) -- Invesco (NYSE: IVZ) is trading at unusually high volume Friday with eight million shares changing hands. It is currently at two times its average daily volume and trading up 89 cents (+2.7%) at $33.86 as of 3:40 p.m. ET.

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Invesco has a market cap of $14.67 billion and is part of the financial sector and financial services industry. Shares are up 26.4% year to date as of the close of trading on Thursday.

Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm manages separate client focused equity, fixed income, balanced portfolios. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Invesco Ratings Report.

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