NEW YORK ( TheStreet) -- EXCO Resources (NYSE: XCO) is trading at unusually high volume Thursday with 10.1 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 67 cents (-3.9%) at $16.74 as of 2:42 p.m. ET. EXCO has a market cap of $3.8 billion and is part of the basic materials sector and energy industry. Shares are down 10.4% year to date as of the close of trading on Wednesday. EXCO Resources, Inc., an independent oil and natural gas company, engages in the exploration, exploitation, development, and production of onshore North American oil and natural gas properties. The company has a P/E ratio of 6.6, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates EXCO as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and disappointing return on equity. You can view the full EXCO Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.
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