Shaw Group Stock Falls On Unusually High Volume (SHAW)

NEW YORK ( TheStreet) -- Shaw Group (NYSE: SHAW) is trading at unusually high volume Tuesday with 3.9 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $3.29 (-7.9%) at $38.20 as of 10:10 a.m. ET.

Shaw Group has a market cap of $1.76 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 54.2% year to date as of the close of trading on Monday.

The Shaw Group Inc. The company has a P/E ratio of 333.6, below the average materials & construction industry P/E ratio of 444.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Shaw Group as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and poor profit margins. You can view the full Shaw Group 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