United Continental Rises On Unusually High Volume (UAL)

NEW YORK ( TheStreet) -- United Continental Holdings (NYSE: UAL) is trading at unusually high volume Wednesday with 7.3 million shares changing hands. It is currently at two times its average daily volume and trading up $2.53 (+8.1%) at $33.69 as of 3:51 p.m. ET.

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United Continental has a market cap of $10.69 billion and is part of the services sector and transportation industry. Shares are up 33.3% year to date as of the close of trading on Tuesday.

United Continental Holdings, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates in six continents from its hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark, San Francisco, Tokyo, and Washington, D.C.

TheStreet Ratings rates United Continental as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. You can view the full United Continental 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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