Amazon.com Stock Falls On Unusually High Volume (AMZN)

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) -- Amazon.com (Nasdaq: AMZN) is trading at unusually high volume Thursday with 6.3 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down $6.70 (-2.5%) at $266.06 as of 3:56 p.m. ET.

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Amazon.com has a market cap of $125.03 billion and is part of the services sector and retail industry. Shares are up 3.8% year to date as of the close of trading on Wednesday.

Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Websites, such as amazon.com and amazon.ca. The company serves consumers through its retail Websites and focuses on selection, price, and convenience.

TheStreet Ratings rates Amazon.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Amazon.com 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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