NEW YORK ( TheStreet) -- Equity Lifestyle Properties (NYSE: ELS) is trading at unusually high volume Thursday with 1.4 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $2.06 (-3.3%) at $60.64 as of 3:40 p.m. ET.

Equity Lifestyle has a market cap of $2.5 billion and is part of the financial sector and real estate industry. Shares are up 12.8% year to date as of the close of trading on Wednesday.

Equity LifeStyle Properties, Inc. is a publicly owned real estate investment trust (REIT). The firm engages in the ownership and operation of lifestyle oriented properties. The company has a P/E ratio of 51.3, above the average real estate industry P/E ratio of 46.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Equity Lifestyle as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and poor profit margins. You can view the full Equity Lifestyle 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.
null