Leapfrog Stock Falls On Unusually High Volume (LF)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Friday with 2.9 million shares changing hands. It is currently at four times its average daily volume and trading down 43 cents (-6.3%) at $6.40 as of 1:40 p.m. ET.
Leapfrog has a market cap of $275.1 million and is part of the
sector and
industry. Shares are up 22.2% year to date as of the close of trading on Thursday.
LeapFrog Enterprises, Inc. designs, develops, and markets technology-based learning platforms and related proprietary content primarily for infants and children worldwide. The company has a P/E ratio of 33, above the average consumer durables industry P/E ratio of 27.5 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Leapfrog as a
. The company's strengths can be seen in multiple areas, such as its 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 the company's return on equity has been disappointing. You can view the full
.
See all heavy volume stocks in our
stocks moving on unusual volume list
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
HVDOWN
to 95370 or select from
.
null
