Alcatel-Lucent Stock Falls On Unusually High Volume (ALU)

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) -- Alcatel-Lucent (NYSE: ALU) is trading at unusually high volume Tuesday with 42.9 million shares changing hands. It is currently at two times its average daily volume and trading down 13 cents (-7.5%) at $1.60 as of 3:59 p.m. ET.

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Alcatel-Lucent has a market cap of $3.72 billion and is part of the technology sector and telecommunications industry. Shares are up 18% year to date as of the close of trading on Monday.

Alcatel-Lucent, S.A. provides networking and communications technology, products, and services to service providers, enterprises, and governments worldwide. The company has a P/E ratio of 4.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Alcatel-Lucent as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Alcatel-Lucent 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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