NEW YORK ( TheStreet) -- Ternium (NYSE: TX) is trading at unusually high volume Monday with 2.7 million shares changing hands. It is currently at four times its average daily volume and trading down $2.27 (-11.8%) at $17.05 as of 1:16 p.m. ET. Ternium has a market cap of $3.9 billion and is part of the basic materials sector and metals & mining industry. Shares are down 54.4% year to date as of the close of trading on Friday. Ternium S.A. engages in manufacturing and processing a range of flat and long steel products for construction, home appliances, capital goods, container, food, energy, and automotive industries. The company has a P/E ratio of 7.6, below the average metals & mining industry P/E ratio of eight and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Ternium as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and good cash flow from operations. 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 Ternium 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.