J.C. Penney Stock Falls On Unusually High Volume (JCP)

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) -- J.C. Penney (NYSE: JCP) is trading at unusually high volume Wednesday with 21.1 million shares changing hands. It is currently at two times its average daily volume and trading down 47 cents (-3.1%) at $14.49 as of 1:41 p.m. ET.

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J.C. Penney has a market cap of $3.67 billion and is part of the services sector and retail industry. Shares are down 24.1% year to date as of the close of trading on Tuesday.

J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the United States and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings.

TheStreet Ratings rates J.C. Penney as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk. You can view the full J.C. Penney 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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