Changyou.com Stock Falls On Unusually High Volume (CYOU)
NEW YORK (
) --
(Nasdaq:
) is trading at unusually high volume Monday with 1.2 million shares changing hands. It is currently at four times its average daily volume and trading down $3.15 (-10.8%) at $25.94 as of 1 p.m. ET.
Changyou.com has a market cap of $1.24 billion and is part of the
sector and
industry. Shares are up 19.9% year to date as of the close of trading on Friday.
Changyou.com Limited develops and operates online games in the People's Republic of China. The company has a P/E ratio of 7.1, above the average computer software & services industry P/E ratio of six and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Changyou.com as a
. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full
.
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