Mad Catz Interactive Stock Falls On Unusually High Volume (MCZ)

NEW YORK ( TheStreet) -- Mad Catz Interactive (AMEX: MCZ) is trading at unusually high volume Wednesday with 7.4 million shares changing hands. It is currently at five times its average daily volume and trading down 21 cents (-10.5%) at $1.78 as of 12:16 p.m. ET. Mad Catz Interactive has a market cap of $89.7 million and is part of the consumer goods sector and consumer durables industry. Shares are up 95.1% year to date as of the close of trading on Tuesday.

Mad Catz Interactive, Inc. engages in the design, manufacture, marketing, and distribution of accessories for videogame platforms, the personal computers (PC), and iPod and other audio devices. The company has a P/E ratio of 9.5, below the average consumer durables industry P/E ratio of 10.1 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Mad Catz Interactive as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full Mad Catz Interactive Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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