NEW YORK ( TheStreet) -- Advanced Energy Industries (Nasdaq: AEIS) is trading at unusually high volume Tuesday with 2.1 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $1.27 (-8%) at $14.52 as of 4 p.m. ET. Advanced Energy has a market cap of $664.5 million and is part of the technology sector and electronics industry. Shares are up 15.8% year to date as of the close of trading on Monday.

Advanced Energy Industries, Inc., together with its subsidiaries, designs, manufactures, sells, and supports industrial power conversion products that transform power into various usable forms. The company has a P/E ratio of 19.2, above the average electronics industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 23.3.

TheStreet Ratings rates Advanced Energy as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Advanced Energy Ratings Report.
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