Home Inns & Hotels Management Stock Falls On Unusually High Volume (HMIN)

NEW YORK ( TheStreet) -- Home Inns & Hotels Management (Nasdaq: HMIN) is trading at unusually high volume Tuesday with 1.3 million shares changing hands. It is currently at four times its average daily volume and trading down $1.24 (-4.7%) at $25.44 as of 3 p.m. ET.

Home Inns & Hotels Management has a market cap of $1.29 billion and is part of the services sector and leisure industry. Shares are up 3.4% year to date as of the close of trading on Monday.

Home Inns & Hotels Management Inc. develops, leases, operates, franchises, and manages a chain of economy hotels in the People's Republic of China. The company operates its hotels under the Home Inn brand name. The company has a P/E ratio of 24.2, below the average leisure industry P/E ratio of 75.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Home Inns & Hotels Management as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. You can view the full Home Inns & Hotels Management 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.

null

More from Markets

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet