Toyota Rises On Unusually High Volume (TM)

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) -- Toyota Motor (NYSE: TM) is trading at unusually high volume Friday with 1.2 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $3.18 (+2.7%) at $121.32 as of 3:46 p.m. ET.

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Toyota has a market cap of $189.54 billion and is part of the consumer goods sector and automotive industry. Shares are up 26.7% year to date as of the close of trading on Thursday.

Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, and commercial vehicles and related parts primarily in Japan, North America, Europe, and Asia. The company has a P/E ratio of 54.4, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Toyota as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Toyota 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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