NEW YORK ( TheStreet) -- Meritage Homes Corporation (NYSE: MTH) is trading at unusually high volume Tuesday with 1.8 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $3.14 (-11.6%) at $24.02 as of 2 p.m. ET. Meritage Homes has a market cap of $854.9 million and is part of the industrial goods sector and materials & construction industry. Shares are up 17.1% year to date as of the close of trading on Monday. Meritage Homes Corporation engages in designing and building single-family attached and detached homes in the southern and western United States. TheStreet Ratings rates Meritage Homes as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Meritage Homes 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.