Saba Software Stock Falls On Unusually High Volume (SABA)

NEW YORK ( TheStreet) -- Saba Software (Nasdaq: SABA) is trading at unusually high volume Thursday with 1.4 million shares changing hands. It is currently at four times its average daily volume and trading down 75 cents (-8.8%) at $7.80 as of 3:25 p.m. ET.

Saba Software has a market cap of $261.2 million and is part of the technology sector and computer software & services industry. Shares are up 8.4% year to date as of the close of trading on Wednesday.

Saba Software, Inc. provides a class of people systems that combine people learning, people performance, and people collaboration solutions.

TheStreet Ratings rates Saba Software as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Saba Software Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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