SandRidge Energy Stock Falls On Unusually High Volume (SD)

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) -- SandRidge Energy (NYSE: SD) is trading at unusually high volume Friday with 43.3 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 51 cents (-8.4%) at $5.59 as of 11:25 a.m. ET.

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SandRidge Energy has a market cap of $2.95 billion and is part of the basic materials sector and energy industry. Shares are down 26.5% year to date as of the close of trading on Thursday.

SandRidge Energy, Inc., together with its subsidiaries, operates as an independent natural gas and oil company in the United States. The company engages in the exploration, development, and production of oil and gas properties. The company has a P/E ratio of 3.8, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates SandRidge Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself. You can view the full SandRidge Energy Ratings Report.

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