AOL Stock Falls On Unusually High Volume (AOL)

NEW YORK ( TheStreet) -- AOL (NYSE: AOL) is trading at unusually high volume Tuesday with 5.8 million shares changing hands. It is currently at four times its average daily volume and trading down $1.58 (-6%) at $24.82 as of 4 p.m. ET.

AOL has a market cap of $1.52 billion and is part of the technology sector and internet industry. Shares are up 74.8% year to date as of the close of trading on Monday.

AOL Inc. operates as a Web services company that offers a suite of brands and offerings for the worldwide audience. Its business spans online content, products, and services for consumers, publishers, and advertisers. The company has a P/E ratio of 153.5, above the average internet industry P/E ratio of 29.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AOL as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and unimpressive growth in net income. You can view the full AOL Ratings Report.

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