Time Warner Cable Rises On Unusually High Volume (TWC)

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) -- Time Warner Cable (NYSE: TWC) is trading at unusually high volume Friday with 5.1 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $5.32 (+5.5%) at $101.47 as of 2:16 p.m. ET.

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Time Warner Cable has a market cap of $27.32 billion and is part of the services sector and media industry. Shares are down 1.1% year to date as of the close of trading on Thursday.

Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services to residential and business service customers over its broadband cable systems in the United States. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Time Warner Cable as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Time Warner Cable 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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