SCIENCE
Mercury Computer Systems Rises On Unusually High Volume (MRCY)
Mercury Computer Systems is trading at unusually high volume Friday with 902,280 shares changing hands. It is currently at 6.9 times its average daily volume and trading up 37 cents (+2%) at $18.74 as of 10:11 a.m. ET. Mercury Computer Systems has a market cap of $451.7 million and is part of the technology sector and computer hardware industry. Shares are down 0.1% year to date as of the close of trading on Thursday.
Mercury Computer Systems engages in the design, manufacture, and marketing of high-performance embedded, real-time digital signal and image processing systems and software for embedded, and other specialized commercial and defense computing markets. The company has a P/E ratio of 14, above the average computer hardware industry P/E ratio of 13.8 and below the S&P 500 P/E ratio of 23.5.
TheStreet Ratings rates Mercury Computer Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.