NEW YORK ( TheStreet) -- Vera Bradley (Nasdaq: VRA) is trading at unusually high volume Thursday with 2.6 million shares changing hands. It is currently at four times its average daily volume and trading down $3.36 (-9.1%) at $33.78 as of 11:05 a.m. ET. Vera Bradley has a market cap of $1.4 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 15.2% year to date as of the close of trading on Wednesday. Vera Bradley, Inc., through its subsidiary, Vera Bradley Designs, Inc., engages in the design, production, marketing, and retail of functional accessories for women under the 'Vera Bradley' brand. Its products include a range of handbags, accessories, and travel and leisure items. The company has a P/E ratio of 29.3, above the average consumer non-durables industry P/E ratio of 26.7 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Vera Bradley as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and impressive record of earnings per share growth. 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 Vera Bradley 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.