United Continental Stock Falls On Unusually High Volume (UAL)
United Continental Holdings (NYSE:UAL) is trading at unusually high volume Tuesday with 9.8 million shares changing hands. It is currently at two times its average daily volume and trading down $1.72 (-5.5%).
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) -- United Continental Holdings (NYSE: UAL) is trading at unusually high volume Tuesday with 9.8 million shares changing hands. It is currently at two times its average daily volume and trading down $1.72 (-5.5%) at $29.25 as of 3:27 p.m. ET.
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United Continental has a market cap of $10.65 billion and is part of the services sector and transportation industry. Shares are up 10.2% year to date as of the close of trading on Monday. United Continental Holdings, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates in six continents from its hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark, San Francisco, Tokyo, and Washington, D.C. TheStreet Ratings rates United Continental as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full United Continental Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.