DigitalGlobe Stock Falls On Unusually High Volume (DGI)

NEW YORK ( TheStreet) -- DigitalGlobe (NYSE: DGI) is trading at unusually high volume Wednesday with 1.3 million shares changing hands. It is currently at 4.3 times its average daily volume and trading down $2.88 (-16.7%) at $14.38 as of 12:10 p.m. ET.

DigitalGlobe has a market cap of $753.7 million and is part of the technology sector and computer software & services industry. Shares are up 0.9% year to date as of the close of trading on Tuesday.

DigitalGlobe, Inc. provides commercial earth imagery products and solutions. The company collects its imagery products and services via its three high-resolution imagery satellites. The company has a P/E ratio of 568.7, below the average computer software & services industry P/E ratio of 814.5 and above the S&P 500 P/E ratio of 17.7.

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

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