NEW YORK ( TheStreet) -- Cell Therapeutics (Nasdaq: CTIC) is trading at unusually high volume Friday with 58 million shares changing hands. It is currently at 8.9 times its average daily volume and trading down one cent (-2.5%) at 43 cents as of 11:26 a.m. ET.

Cell has a market cap of $301.8 million and is part of the health care sector and drugs industry.

Cell Therapeutics, Inc., a biopharmaceutical company, develops, acquires, and commercializes oncology products for the treatment of cancer.

TheStreet Ratings rates Cell as sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and poor profit margins. You can view the full Cell Ratings Report.

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