RadioShack Stock Falls On Unusually High Volume (RSH)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Tuesday with 10.6 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 66 cents (-8.4%) at $7.22 as of 2:15 p.m. ET.
RadioShack has a market cap of $1.02 billion and is part of the
sector and
industry. Shares are down 18.8% year to date as of the close of trading on Friday.
RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain and kiosk operations. The company has a P/E ratio of seven, below the average retail industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates RadioShack as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full
.
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