NEW YORK ( TheStreet) -- Collective Brands (NYSE: PSS) is trading at unusually high volume Tuesday with eight million shares changing hands. It is currently at four times its average daily volume and trading down $1.79 (-13.1%) at $11.91 as of 2:26 p.m. ET. Collective has a market cap of $835.2 million and is part of the services sector and retail industry. Shares are down 35.1% year to date as of the close of trading on Monday. Collective Brands, Inc. primarily engages in the wholesale and retail of footwear and related accessories worldwide. The company has a P/E ratio of 30, below the average retail industry P/E ratio of 31.3 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Collective as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Collective 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.