NEW YORK (
) is trading at unusually high volume Friday with 1.8 million shares changing hands. It is currently at four times its average daily volume and trading down $3.55 (-11.4%) at $27.49 as of 3:01 p.m. ET.
Constant Contact has a market cap of $912.7 million and is part of the
industry. Shares are up 0.2% year to date as of the close of trading on Thursday.
Constant Contact, Inc. provides on-demand email marketing and online survey solutions, as well as event marketing solutions for small organizations, including small businesses, associations, and non-profits located primarily in the United States. The company has a P/E ratio of 309.8, equal to the average media industry P/E ratio and above the S&P 500 P/E ratio of 17.
TheStreet Ratings rates Constant Contact as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full
See all heavy volume stocks in our
or get investment ideas from our
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
to 95370 or select from