Ancestry.com Stock Falls On Unusually High Volume (ACOM)

NEW YORK ( TheStreet) -- Ancestry.com (Nasdaq: ACOM) is trading at unusually high volume Friday with 3.7 million shares changing hands. It is currently at four times its average daily volume and trading down $4.83 (-12%) at $35.35 as of 3:37 p.m. ET.

Ancestry.com has a market cap of $1.9 billion and is part of the technology sector and internet industry. Shares are up 41.9% year to date as of the close of trading on Thursday.

Ancestry.Com Inc. operates as an online resource for family history for subscribers worldwide. The company has a P/E ratio of 48.2, equal to the average internet industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ancestry.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Ancestry.com Ratings Report.

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