NEW YORK ( TheStreet) -- Novatel Wireless (Nasdaq: NVTL) is trading at unusually high volume Friday with 2.2 million shares changing hands. It is currently at 4.3 times its average daily volume and trading down $1.33 (-28.6%) at $3.32 as of 2:52 p.m. ET. Novatel Wireless has a market cap of $160.6 million and is part of the technology sector and telecommunications industry. Shares are down 51.3% year to date as of the close of trading on Thursday. Novatel Wireless, Inc. provides wireless broadband access solutions for the mobile communications market worldwide. The company primarily offers third generation (3G) products. TheStreet Ratings rates Novatel Wireless as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Novatel Wireless 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.