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) -- Big Lots (NYSE: BIG) is trading at unusually high volume Wednesday with 2.3 million shares changing hands. It is currently at two times its average daily volume and trading down $1.26 (-4%) at $30.01 as of 2:10 p.m. ET.
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Big Lots has a market cap of $1.67 billion and is part of the services sector and retail industry. Shares are down 25.7% year to date as of the close of trading on Tuesday. Big Lots, Inc., through its subsidiaries, operates as a broadline closeout retailer in the United States and Canada. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Big Lots as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Big Lots Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.