Dreamworks Animation SKG Stock Falls On Unusually High Volume (DWA)

NEW YORK ( TheStreet) -- Dreamworks Animation SKG (Nasdaq: DWA) is trading at unusually high volume Wednesday with 3.7 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $2.30 (-11.7%) at $17.35 as of 3:40 p.m. ET.

Dreamworks Animation SKG has a market cap of $1.6 billion and is part of the services sector and media industry. Shares are up 18.4% year to date as of the close of trading on Tuesday.

DreamWorks Animation SKG, Inc. engages in the development, production, and exploitation of animated feature films and characters worldwide. It provides animated feature films and characters for the theatrical, home entertainment, television, and merchandising and licensing markets. The company has a P/E ratio of 11.2, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dreamworks Animation SKG 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins. You can view the full Dreamworks Animation SKG Ratings Report.

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