International Game Technology Rises On Unusually High Volume (IGT)

NEW YORK ( TheStreet) -- International Game Technology (NYSE: IGT) is trading at unusually high volume Thursday with 6.7 million shares changing hands. It is currently at two times its average daily volume and trading up 86 cents (+4.5%) at $19.90 as of 3:30 p.m. ET.

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International Game Technology has a market cap of $4.86 billion and is part of the technology sector and computer software & services industry. Shares are up 34.4% year to date as of the close of trading on Wednesday.

International Game Technology engages in the design, development, manufacture, and marketing of casino games, gaming equipment, and systems technology for land-based and online social gaming, and wagering markets worldwide.

TheStreet Ratings rates International Game Technology as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in net income, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full International Game Technology 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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