Dynegy Stock Falls On Unusually High Volume (DYN)

NEW YORK ( TheStreet) -- Dynegy (NYSE: DYN) is trading at unusually high volume Friday with 8.7 million shares changing hands. It is currently at 4.5 times its average daily volume and trading down 55 cents (-47%) at 63 cents as of 1:20 p.m. ET.

Dynegy has a market cap of $258.9 million and is part of the utilities sector and utilities industry. Shares are down 57.4% year to date as of the close of trading on Thursday.

Dynegy Inc., through its subsidiaries, engages in the production and sale of electric energy, capacity, and ancillary services in the United States.

TheStreet Ratings rates Dynegy as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full Dynegy Ratings Report.

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