NEW YORK ( TheStreet) -- Jones Group (NYSE: JNY) is trading at unusually high volume Wednesday with five million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 53 cents (-4.3%) at $11.71 as of 12:50 p.m. ET. Jones Group has a market cap of $1.04 billion and is part of the services sector and retail industry. Shares are up 16% year to date as of the close of trading on Tuesday. The Jones Group Inc. engages in the design, marketing, and wholesale of apparel, footwear, jeanswear, jewelry, and handbags. The company has a P/E ratio of 9.8, below the average retail industry P/E ratio of 20.8 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Jones Group as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Jones Group Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.