Vera Bradley Stock Falls On Unusually High Volume (VRA)

NEW YORK ( TheStreet) -- Vera Bradley (Nasdaq: VRA) is trading at unusually high volume Friday with four million shares changing hands. It is currently at four times its average daily volume and trading down $2.11 (-9.7%) at $19.76 as of 2:30 p.m. ET.

Vera Bradley has a market cap of $907.1 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 32.2% year to date as of the close of trading on Thursday.

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 15.7, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Vera Bradley as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full Vera Bradley Ratings Report.

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