NEW YORK ( TheStreet) -- BroadSoft (Nasdaq: BSFT) is trading at unusually high volume Wednesday with 2.7 million shares changing hands. It is currently at four times its average daily volume and trading down $3.04 (-10.3%) at $26.55 as of 12:05 p.m. ET. BroadSoft has a market cap of $877.7 million and is part of the technology sector and computer software & services industry. Shares are down 2% year to date as of the close of trading on Tuesday. BroadSoft, Inc. provides software that enables fixed-line, mobile, and cable service providers to deliver voice and multimedia services over Internet protocol (IP) based networks. The company has a P/E ratio of 19.9, below the average computer software & services industry P/E ratio of 21.4 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates BroadSoft as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and solid stock price performance. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full BroadSoft 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.