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.

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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.

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