Aruba Rises On Unusually High Volume (ARUN)

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) -- Aruba Networks (Nasdaq: ARUN) is trading at unusually high volume Monday with 8.7 million shares changing hands. It is currently at three times its average daily volume and trading up 28 cents (+2.2%) at $13.38 as of 3:46 p.m. ET.

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Aruba has a market cap of $2.01 billion and is part of the technology sector and computer hardware industry. Shares are down 15.1% year to date as of the close of trading on Friday.

Aruba Networks, Inc. provides network access solutions for the mobile enterprises worldwide.

TheStreet Ratings rates Aruba as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Aruba Ratings Report.

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