Best Buy Stock Falls On Unusually High Volume (BBY)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- Best Buy (NYSE: BBY) is trading at unusually high volume Tuesday with 40.7 million shares changing hands. It is currently at four times its average daily volume and trading down 39 cents (-2.1%) at $17.77 as of 3:55 p.m. ET.

Best Buy has a market cap of $6.52 billion and is part of the services sector and retail industry. Shares are down 13.3% year to date as of the close of trading on Monday.

Best Buy Co., Inc. operates as a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China.

TheStreet Ratings rates Best Buy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full Best Buy 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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