Sony Stock Falls On Unusually High Volume (SNE)

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) -- Sony Corporation (NYSE: SNE) is trading at unusually high volume Tuesday with 7.9 million shares changing hands. It is currently at two times its average daily volume and trading down 42 cents (-2.6%) at $15.54 as of 3:50 p.m. ET.

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Sony has a market cap of $15.78 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 42.6% year to date as of the close of trading on Monday.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. The company has a P/E ratio of 4.4, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sony as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. You can view the full Sony 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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