Standard Pacific Stock Falls On Unusually High Volume (SPF)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Friday with nine million shares changing hands. It is currently at four times its average daily volume and trading down 32 cents (-8.9%) at $3.24 as of 3:10 p.m. ET.
Standard Pacific has a market cap of $683.2 million and is part of the
sector and
industry. Shares are down 19.8% year to date as of the close of trading on Thursday.
Standard Pacific Corp. operates as a diversified builder of single-family attached and detached homes in the United States.
TheStreet Ratings rates Standard Pacific as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full
Standard Pacific Ratings Report
.
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