NEW YORK ( TheStreet) -- QR Energy (NYSE: QRE) is trading at unusually high volume Wednesday with 839,242 shares changing hands. It is currently at 5.7 times its average daily volume and trading down 40 cents (-2.1%) at $18.71 as of 2:35 p.m. ET. QR Energy has a market cap of $584.4 million and is part of the basic materials sector and energy industry. Shares are up 1.4% year to date as of the close of trading on Tuesday. QR Energy, LP, through its subsidiary, QRE Operating, LLC, engages in the acquisition, exploitation, development, and production of onshore crude oil and natural gas properties in the United States. The company has a P/E ratio of 212.3, above the average energy industry P/E ratio of 204.4 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates QR Energy as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally poor debt management. You can view the full QR Energy 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.