Dollar General Rises On Unusually High Volume (DG)

NEW YORK ( TheStreet) -- Dollar General Corporation (NYSE: DG) is trading at unusually high volume Wednesday with 6.7 million shares changing hands. It is currently at two times its average daily volume and trading up $3 (+5.8%) at $54.80 as of 3:41 p.m. ET.

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Dollar General has a market cap of $17.06 billion and is part of the services sector and retail industry. Shares are up 18.2% year to date as of the close of trading on Tuesday.

Dollar General Corporation, a discount retailer, engages in the provision of various merchandise products in the United States.

TheStreet Ratings rates Dollar General as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Dollar General 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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