USEC Stock Falls On Unusually High Volume (USU)
NEW YORK (TheStreet) -- USEC (NYSE:USU) is trading at unusually high volume Friday with 7.5 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 28 cents (-17.5%) at $1.32 as of 3:40 p.m. ET. USEC has a market cap of $169.6 million and is part of the basic materials sector and metals & mining industry. Shares are up 40.4% year to date as of the close of trading on Thursday. USEC Inc., together with its subsidiaries, supplies low enriched uranium (LEU) to commercial nuclear power plants in the United States and internationally. The company sells the separative work units (SWU) component of LEU; the SWU and uranium components of LEU; and uranium. TheStreet Ratings rates USEC as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full USEC Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.
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