Entergy Stock Falls On Unusually High Volume (ETR)

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) -- Entergy (NYSE: ETR) is trading at unusually high volume Thursday with 2.1 million shares changing hands. It is currently at two times its average daily volume and trading down $1.98 (-3.1%) at $61.68 as of 3:41 p.m. ET.

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Entergy has a market cap of $11.36 billion and is part of the utilities sector and utilities industry. Shares are up 0.3% year to date as of the close of trading on Wednesday.

Entergy Corporation, together with its subsidiaries, engages in the electric power production and retail electric distribution operations in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Entergy as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and weak operating cash flow. You can view the full Entergy 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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