Lucas Energy Stock Falls On Unusually High Volume (LEI)

NEW YORK ( TheStreet) -- Lucas Energy (AMEX: LEI) is trading at unusually high volume Tuesday with 4.8 million shares changing hands. It is currently at four times its average daily volume and trading down 69 cents (-13.9%) at $4.26 as of 12:56 p.m. ET.

Lucas Energy has a market cap of $70.4 million and is part of the basic materials sector and energy industry. Shares are up 112.5% year to date as of the close of trading on Monday.

Lucas Energy, Inc. operates as an independent oil and gas company in Texas. It has interests in approximately 12,500 gross acres of oil and gas leases in South Texas, primarily in the Gonzales County and Wilson County, Texas.

TheStreet Ratings rates Lucas Energy as sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share. You can view the full Lucas Energy 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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