Korn Ferry International Stock Falls On Unusually High Volume (KFY)

NEW YORK ( TheStreet) -- Korn Ferry International (NYSE: KFY) is trading at unusually high volume Thursday with 1.1 million shares changing hands. It is currently at 4.3 times its average daily volume and trading down 27 cents (-2%) at $12.89 as of 1 p.m. ET.

Korn Ferry International has a market cap of $657.5 million and is part of the services sector and diversified services industry. Shares are down 22.7% year to date as of the close of trading on Wednesday.

Korn/Ferry International, together with its subsidiaries, provides executive recruitment, outsourced recruiting and leadership, and talent consulting and talent acquisition solutions. The company has a P/E ratio of 10.3, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Korn Ferry International as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and poor profit margins. You can view the full Korn Ferry International Ratings Report.

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