United Rentals Rises On Unusually High Volume (URI)

NEW YORK ( TheStreet) -- United Rentals (NYSE: URI) is trading at unusually high volume Wednesday with 4.5 million shares changing hands. It is currently at two times its average daily volume and trading up $4.33 (+8.5%) at $55.31 as of 11:36 a.m. ET.

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United Rentals has a market cap of $4.92 billion and is part of the services sector and diversified services industry. Shares are up 12% year to date as of the close of trading on Tuesday.

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It offers approximately 3,300 classes of equipment for rent to customers comprising construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.

TheStreet Ratings rates United Rentals as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. You can view the full United Rentals 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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