NEW YORK ( TheStreet) -- F5 Networks (Nasdaq: FFIV) is trading at unusually high volume Wednesday with 3.3 million shares changing hands. It is currently at two times its average daily volume and trading up $2.56 (+3.7%) at $71.92 as of 3:36 p.m. ET.
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F5 has a market cap of $5.4 billion and is part of the technology sector and computer software & services industry. Shares are down 28.6% year to date as of the close of trading on Tuesday. F5 Networks, Inc. provides application delivery networking technology that secures and optimizes the delivery of network-based applications, and the security, performance, and availability of servers and other network resources. TheStreet Ratings rates F5 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and unimpressive growth in net income. You can view the full F5 Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..