Intersil Stock Falls On Unusually High Volume (ISIL)

NEW YORK ( TheStreet) -- Intersil Corporation (Nasdaq: ISIL) is trading at unusually high volume Thursday with five million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 65 cents (-5.6%) at $11.02 as of 3:55 p.m. ET.

Intersil has a market cap of $1.47 billion and is part of the technology sector and electronics industry. Shares are up 11.8% year to date as of the close of trading on Wednesday.

Intersil Corporation engages in the design, development, manufacture, and marketing of analog and mixed-signal integrated circuits. The company has a P/E ratio of 20.5, below the average electronics industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Intersil as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Intersil 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.
null

If you liked this article you might like

TDK Snaps Up Apple Supplier InvenSense for $1.3 Billion

TDK Snaps Up Apple Supplier InvenSense for $1.3 Billion

Apple Supplier Infineon Expected to Report 12% Revenue Growth

Apple Supplier Infineon Expected to Report 12% Revenue Growth

This Chipmaker Could Benefit Significantly From a Trump Presidency

This Chipmaker Could Benefit Significantly From a Trump Presidency

Now That Qualcomm Has Dealt for NXP, Here's Who Else Might Get Snatched Up

Now That Qualcomm Has Dealt for NXP, Here's Who Else Might Get Snatched Up

Qualcomm's $47 Billion Mega-Deal for NXP: Where It Stacks Up in History

Qualcomm's $47 Billion Mega-Deal for NXP: Where It Stacks Up in History