NEW YORK (

TheStreet

) --

Central European Distribution Corporation

(Nasdaq:

CEDC

) is trading at unusually high volume Thursday with 6.7 million shares changing hands. It is currently at four times its average daily volume and trading down $2.40 (-26.8%) at $6.56 as of 3:36 p.m. ET.

Central European Distribution has a market cap of $639.2 million and is part of the

consumer goods

sector and

food & beverage

industry. Shares are down 60.9% year to date as of the close of trading on Wednesday.

Central European Distribution Corporation, together with its subsidiaries, produces, imports, and distributes alcoholic beverages in Poland, Hungary, and the Russian Federation.

TheStreet Ratings rates Central European Distribution as a

sell

. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full

Central European Distribution Ratings Report

.

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