Yandex Rises On Unusually High Volume (YNDX)

NEW YORK ( TheStreet) -- Yandex (Nasdaq: YNDX) is trading at unusually high volume Thursday with 4.9 million shares changing hands. It is currently at two times its average daily volume and trading up 96 cents (+3.3%) at $30.45 as of 3:51 p.m. ET.

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Yandex has a market cap of $6.6 billion and is part of the technology sector and internet industry. Shares are up 31.6% year to date as of the close of trading on Wednesday.

Yandex N.V., an Internet and technology company, operates an Internet search engine in Russia and internationally.

TheStreet Ratings rates Yandex as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's revenue growth has not been good. You can view the full Yandex 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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