Lamar Advertising Rises On Unusually High Volume (LAMR)

NEW YORK ( TheStreet) -- Lamar Advertising (Nasdaq: LAMR) is trading at unusually high volume Thursday with 2.1 million shares changing hands. It is currently at two times its average daily volume and trading up $1.37 (+3.1%) at $44.90 as of 3:50 p.m. ET.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Lamar Advertising has a market cap of $3.52 billion and is part of the services sector and media industry. Shares are up 14% year to date as of the close of trading on Wednesday.

Lamar Advertising Company operates as an outdoor advertising company in the United States.

TheStreet Ratings rates Lamar Advertising as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full Lamar Advertising 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..

null

More from Markets

Facebook, Fiat Chrysler, China Stocks and CBS - 5 Things You Must Know

Facebook, Fiat Chrysler, China Stocks and CBS - 5 Things You Must Know

Last Week's Big Move was Dominated by Options Expiration

Last Week's Big Move was Dominated by Options Expiration

US Stock Futures Gain as China Tax Pledge Sparks Rally, Steadies Global Markets

US Stock Futures Gain as China Tax Pledge Sparks Rally, Steadies Global Markets

U.S. Q3 Earnings Impress, But Tax Cut Fade, Trade Concerns Point to Weaker 2019

U.S. Q3 Earnings Impress, But Tax Cut Fade, Trade Concerns Point to Weaker 2019

Parsons Resigns From CBS Board due to Health Reasons

Parsons Resigns From CBS Board due to Health Reasons