Juniper Stock Falls On Unusually High Volume (JNPR)

NEW YORK (TheStreet) -- Juniper Networks (NYSE:JNPR) is trading at unusually high volume Wednesday with 37.1 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 78 cents (-3.6%) at $20.85 as of 4 p.m. ET.

Juniper has a market cap of $10.67 billion and is part of the technology sector and computer hardware industry. Shares are up 6.1% year to date as of the close of trading on Tuesday.

Juniper Networks, Inc. designs, develops, and sells products and services that provide network infrastructure for networking requirements of service providers, enterprises, governments, and research and public sector organizations worldwide. The company has a P/E ratio of 25.5, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Juniper as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Juniper Ratings Report.

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