NEW YORK ( TheStreet) -- Lions Gate Entertainment Corporation (NYSE: LGF) is trading at unusually high volume Friday with 2.8 million shares changing hands. It is currently at four times its average daily volume and trading down 40 cents (-2.8%) at $13.80 as of 11:50 a.m. ET. Lions Gate Entertainment has a market cap of $1.34 billion and is part of the services sector and media industry. Shares are up 70.7% year to date as of the close of trading on Thursday. Lions Gate Entertainment Corp., an entertainment company, engages in the motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, new channel platforms, and digital distribution activities. The company has a P/E ratio of 54.4, above the average media industry P/E ratio of 42.4 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Lions Gate Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full Lions Gate Entertainment 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.