Ship Finance International Stock Falls On Unusually High Volume (SFL)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Wednesday with 1.6 million shares changing hands. It is currently at 4.2 times its average daily volume and trading down 24 cents (-2.3%) at $10.44 as of 3:26 p.m. ET.
Ship Finance International has a market cap of $1.09 billion and is part of the
sector and
industry. Shares are down 50.4% year to date as of the close of trading on Tuesday.
Ship Finance International Limited, through its subsidiaries, engages in the ownership and operation of vessels and offshore related assets in Bermuda, Cyprus, Malta, Liberia, Norway, the United States, Singapore, the United Kingdom, and the Marshall Islands. The company has a P/E ratio of 6.6, below the average transportation industry P/E ratio of 7.9 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Ship Finance International as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. 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 generally poor debt management. You can view the full
Ship Finance International Ratings Report
.
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
