Energy Stock Falls On Unusually High Volume (ES)

NEW YORK ( TheStreet) -- Energy Solutions (NYSE: ES) is trading at unusually high volume Wednesday with 3.1 million shares changing hands. It is currently at four times its average daily volume and trading down 79 cents (-19.1%) at $3.35 as of 3:15 p.m. ET.

Energy has a market cap of $354 million and is part of the industrial goods sector and materials & construction industry. Shares are up 34% year to date as of the close of trading on Tuesday.

EnergySolutions, Inc. engages in the provision of nuclear services to government and commercial customers in the United States, the United Kingdom, and internationally.

TheStreet Ratings rates Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Energy Ratings Report.

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