Sarepta Stock Falls On Unusually High Volume (SRPT)
Sarepta Therapeutics (Nasdaq:SRPT) is trading at unusually high volume Thursday with 6.7 million shares changing hands. It is currently at four times its average daily volume and trading down $6.74 (-15%).
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) -- Sarepta Therapeutics (Nasdaq: SRPT) is trading at unusually high volume Thursday with 6.7 million shares changing hands. It is currently at four times its average daily volume and trading down $6.74 (-15%) at $38.19 as of 12:56 p.m. ET.
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Sarepta has a market cap of $339.1 million and is part of the health care sector and drugs industry. Shares are up 5930.9% year to date as of the close of trading on Wednesday. Sarepta Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery and development of RNA-based therapeutics for the treatment of serious and life-threatening rare and infectious diseases. TheStreet Ratings rates Sarepta as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. You can view the full Sarepta Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.