InterMune Stock Falls On Unusually High Volume (ITMN)

NEW YORK ( TheStreet) -- InterMune (Nasdaq: ITMN) is trading at unusually high volume Thursday with 5.1 million shares changing hands. It is currently at 4.2 times its average daily volume and trading down $2.63 (-14.4%) at $15.66 as of 11 a.m. ET.

InterMune has a market cap of $1.21 billion and is part of the health care sector and drugs industry. Shares are down 49.4% year to date as of the close of trading on Wednesday.

InterMune, Inc., a biopharmaceutical company, engages in the research, development, and commercialization of therapies in pulmonology and fibrotic diseases. The company has a P/E ratio of 9.5, below the average drugs industry P/E ratio of 10.2 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates InterMune as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally poor debt management. You can view the full InterMune Ratings Report.

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