Credicorp Rises On Unusually High Volume (BAP)

NEW YORK ( TheStreet) -- Credicorp (NYSE: BAP) is trading at unusually high volume Thursday with 728,396 shares changing hands. It is currently at two times its average daily volume and trading up $3.93 (+3.5%) at $117.43 as of 3:35 p.m. ET.

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Credicorp has a market cap of $9.41 billion and is part of the financial sector and banking industry. Shares are down 22.6% year to date as of the close of trading on Wednesday.

Credicorp Ltd., through its subsidiaries, provides financial services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. It operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and unimpressive growth in net income. You can view the full Credicorp Ratings Report.

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Credicorp (BAP) Is Today's Strong On High Volume Stock