Bally Rises On Unusually High Volume (BYI)

NEW YORK ( TheStreet) -- Bally Technologies (NYSE: BYI) is trading at unusually high volume Tuesday with 1.9 million shares changing hands. It is currently at 3.4 times its average daily volume and trading up $3.89 (+6.4%) at $64.80 as of 10:55 a.m. ET.

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Bally has a market cap of $2.31 billion and is part of the services sector and leisure industry. Shares are up 33.8% year to date as of the close of trading on Monday.

Bally Technologies, Inc., a gaming company, engages in the design, manufacture, operation, and distribution of technology-based gaming devices, systems, server-based solutions, custom mobile applications, and interactive applications.

TheStreet Ratings rates Bally as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Bally Ratings Report.

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