Icagen Stock Falls On Unusually High Volume (ICGN)

NEW YORK ( TheStreet) -- Icagen (Nasdaq: ICGN) is trading at unusually high volume Tuesday with 1.6 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 27 cents (-3.4%) at $7.63 as of 3:41 p.m. ET.

Icagen has a market cap of $55.7 million and is part of the health care sector and drugs industry. Shares are up 226.6% year to date as of the close of trading on Monday.

Icagen, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of orally-administered small molecule drugs that modulate ion channel targets.

TheStreet Ratings rates Icagen as a sell. The area that we feel has been the company's primary weakness has been its meager revenue growth. You can view the full Icagen Ratings Report.

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