NEW YORK ( TheStreet) -- Sony Corporation (NYSE: SNE) is trading at unusually high volume Monday with 2.9 million shares changing hands. It is currently at four times its average daily volume and trading down $2.60 (-7.8%) at $30.85 as of 12:26 p.m. ET.

Sony has a market cap of $34.4 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 6.3% year to date as of the close of trading on Friday.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. The company has a P/E ratio of 9.8, below the average consumer durables industry P/E ratio of 36.3 and below the S&P 500 P/E ratio of 17.2.

TheStreet Ratings rates Sony as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full Sony Ratings Report.

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