NEW YORK ( TheStreet) -- Windstream (Nasdaq: WIN) is trading at unusually high volume Thursday with 34.2 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 74 cents (-7.4%) at $9.31 as of 3:50 p.m. ET.
Windstream has a market cap of $6.04 billion and is part of the technology sector and telecommunications industry. Shares are down 14.4% year to date as of the close of trading on Wednesday. Windstream Corporation provides communications and technology solutions in the United States. The company offers business services, as well as provides broadband, voice, and video services to consumers primarily in rural markets. The company has a P/E ratio of 27, above the average telecommunications industry P/E ratio of 26.3 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Windstream as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself. You can view the full Windstream Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.