VanceInfo Stock Falls On Unusually High Volume (VIT)

NEW YORK ( TheStreet) -- VanceInfo Technologies (NYSE: VIT) is trading at unusually high volume Tuesday with 1.1 million shares changing hands. It is currently at four times its average daily volume and trading down 41 cents (-3.8%) at $10.51 as of 3:36 p.m. ET.

VanceInfo has a market cap of $514.2 million and is part of the technology sector and computer software & services industry. Shares are up 20.4% year to date as of the close of trading on Monday.

VanceInfo Technologies Inc., together with its subsidiaries, engages in providing information technology (IT) consulting services. The company has a P/E ratio of 23.5, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates VanceInfo as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full VanceInfo Ratings Report.

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