Aeroflex Stock Falls On Unusually High Volume (ARX)

NEW YORK ( TheStreet) -- Aeroflex (NYSE: ARX) is trading at unusually high volume Thursday with 751,701 shares changing hands. It is currently at 4.1 times its average daily volume and trading down $1.19 (-9.2%) at $11.75 as of 12:09 p.m. ET.

Aeroflex has a market cap of $1.13 billion and is part of the technology sector and electronics industry. Shares are up 26.4% year to date as of the close of trading on Wednesday.

Aeroflex Holding Corp. engages in the design, engineering, manufacture, and sale of microelectronic products, and test and measurement equipment in the United States, Europe, the Middle East, Asia, and Australia.

TheStreet Ratings rates Aeroflex as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally weak debt management. You can view the full Aeroflex Ratings Report.

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