Conn's Rises On Unusually High Volume (CONN)

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) -- Conn's (Nasdaq: CONN) is trading at unusually high volume Thursday with 1.2 million shares changing hands. It is currently at two times its average daily volume and trading up $4.39 (+9.1%) at $52.85 as of 3:26 p.m. ET.

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Conn's has a market cap of $1.72 billion and is part of the services sector and retail industry. Shares are up 58.2% year to date as of the close of trading on Wednesday.

Conn's, Inc. engages in the specialty retail of durable consumer products in the United States. The company has a P/E ratio of 31.1, above the S&P 500 P/E ratio of 17.7.

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

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