NEW YORK ( TheStreet) -- MI Developments (NYSE: MIM) is trading at unusually high volume Tuesday with 950,129 shares changing hands. It is currently at 6.2 times its average daily volume and trading down $1.83 (-7.1%) at $23.91 as of 3:19 p.m. ET. MI Developments has a market cap of $1.2 billion and is part of the financial sector and real estate industry. Shares are down 5% year to date as of the close of trading on Monday. MI Developments Inc. engages in the acquisition, development, construction, ownership, leasing, and management of primarily industrial and commercial properties. TheStreet Ratings rates MI Developments as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full MI Developments 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.