Yahoo Stock Falls On Unusually High Volume (YHOO)

NEW YORK ( TheStreet) -- Yahoo (Nasdaq: YHOO) is trading at unusually high volume Wednesday with 94.7 million shares changing hands. It is currently at four times its average daily volume and trading down $1.51 (-8.1%) at $17.04 as of 1:57 p.m. ET.

Yahoo has a market cap of $24.2 billion and is part of the technology sector and internet industry. Shares are up 11.5% year to date as of the previous trading day's close.

Yahoo! Inc. provides online properties and services to users; and marketing services to advertisers worldwide. The company has a P/E ratio of 21.3, below the average internet industry P/E ratio of 21.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Yahoo as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and feeble growth in the company's earnings per share. You can view the full Yahoo Ratings Report.

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