Vera Bradley Stock Falls On Unusually High Volume (VRA)

NEW YORK ( TheStreet) -- Vera Bradley (Nasdaq: VRA) is trading at unusually high volume Tuesday with 3.2 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $1.07 (-3.8%) at $27.22 as of 3:55 p.m. ET.

Vera Bradley has a market cap of $1.27 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 12.3% year to date as of the close of trading on Monday.

Vera Bradley, Inc., through its subsidiary, Vera Bradley Designs, Inc., engages in the design, production, marketing, and retail of stylish and 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 20.5, below the average consumer non-durables industry P/E ratio of 21.8 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 stock has had a generally disappointing performance in the past year. You can view the full Vera Bradley Ratings Report.

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