IHS Rises On Unusually High Volume (IHS)

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) -- IHS (NYSE: IHS) is trading at unusually high volume Monday with 782,371 shares changing hands. It is currently at two times its average daily volume and trading up $2.82 (+2.6%) at $109.76 as of 3:15 p.m. ET.

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IHS has a market cap of $6.92 billion and is part of the technology sector and computer software & services industry. Shares are up 11.4% year to date as of the close of trading on Friday.

IHS Inc. provides critical information, insights, and analytics. The company has a P/E ratio of 44.1, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates IHS as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full IHS 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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