Sequenom Stock Falls On Unusually High Volume (SQNM)

NEW YORK ( TheStreet) -- Sequenom (Nasdaq: SQNM) is trading at unusually high volume Friday with 9.8 million shares changing hands. It is currently at four times its average daily volume and trading down 26 cents (-5.6%) at $4.35 as of 2:30 p.m. ET.

Sequenom has a market cap of $447 million and is part of the health care sector and drugs industry. Shares are up 3.6% year to date as of the close of trading on Thursday.

Sequenom, Inc. provides products, services, diagnostic testing, applications, and genetic analysis products that translate the results of genomic science into solutions for biomedical research, translational research, molecular medicine applications, and agricultural and livestock research.

TheStreet Ratings rates Sequenom as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Sequenom Ratings Report.

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