First Potomac Stock Falls On Unusually High Volume (FPO)
First Potomac Realty (NYSE:FPO) is trading at unusually high volume Friday with 1.1 million shares changing hands. It is currently at 4.2 times its average daily volume and trading down 32 cents (-2.5%).
NEW YORK ( TheStreet) -- First Potomac Realty (NYSE: FPO) is trading at unusually high volume Friday with 1.1 million shares changing hands. It is currently at 4.2 times its average daily volume and trading down 32 cents (-2.5%) at $12.48 as of 3:55 p.m. ET. First Potomac has a market cap of $740.8 million and is part of the financial sector and real estate industry. Shares are down 1.9% year to date as of the close of trading on Thursday. First Potomac Realty Trust, a real estate investment trust (REIT), engages in the ownership, development, redevelopment, and operation of industrial properties and business parks in the Washington, D.C. metropolitan area, and other markets in Maryland and Virginia. TheStreet Ratings rates First Potomac as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. You can view the full First Potomac 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.