NEW YORK ( TheStreet) -- Sauer-Danfoss (NYSE: SHS) is trading at unusually high volume Thursday with 698,123 shares changing hands. It is currently at four times its average daily volume and trading down $5.74 (-10.6%) at $48.40 as of 2:30 p.m. ET. Sauer-Danfoss has a market cap of $2.22 billion and is part of the industrial goods sector and industrial industry. Shares are up 49.6% year to date as of the close of trading on Wednesday. Sauer-Danfoss Inc. designs, manufactures, and markets hydraulic, electronic, and mechanical components, as well as software and integrated systems that generate, transmit, and control power in mobile equipment. The company has a P/E ratio of eight, above the average industrial industry P/E ratio of 6.8 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Sauer-Danfoss as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Sauer-Danfoss 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.