NEW YORK ( TheStreet) -- PAETEC Holding Corporation (Nasdaq: PAET) is trading at unusually high volume Tuesday with 16.3 million shares changing hands. It is currently at 16.8 times its average daily volume and trading down 11 cents (-2.1%) at $5.22 as of 3:42 p.m. ET. PAETEC Holding has a market cap of $641.2 million and is part of the technology sector and telecommunications industry. Shares are up 42.5% year to date as of the close of trading on Monday. PAETEC Holding Corp., through its subsidiaries, provides integrated broadband communications services to business and end-user customers primarily in the United States. TheStreet Ratings rates PAETEC Holding as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity and feeble growth in its earnings per share. You can view the full PAETEC Holding 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.
PAETEC (Nasdaq:PAET) hit a new 52-week high Tuesday as it is currently trading at $5.82, above its previous 52-week high of $5.80 with 340,120 shares traded as of 11 a.m. ET. Average volume has been 2.7 million shares over the past 30 days.