NXP Semiconductor Stock Falls On Unusually High Volume (NXPI) - TheStreet

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

.

NEW YORK (

TheStreet

) --

NXP Semiconductor

(Nasdaq:

NXPI

) is trading at unusually high volume Monday with 6.3 million shares changing hands. It is currently at two times its average daily volume and trading down $1.60 (-5.2%) at $29.30 as of 3:46 p.m. ET.

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NXP Semiconductor has a market cap of $7.64 billion and is part of the technology sector and electronics industry. Shares are up 17.4% year to date as of the close of trading on Friday.

NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. The company has a P/E ratio of 1018.3, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates

NXP Semiconductor

as a

sell

. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures. You can view the full

NXP Semiconductor Ratings Report

.

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