Terex Stock Falls On Unusually High Volume (TEX)

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) -- Terex (NYSE: TEX) is trading at unusually high volume Wednesday with 4.8 million shares changing hands. It is currently at two times its average daily volume and trading down 92 cents (-2.9%) at $31.27 as of 4 p.m. ET.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Terex has a market cap of $3.65 billion and is part of the industrial goods sector and industrial industry. Shares are up 14.5% year to date as of the close of trading on Tuesday.

Terex Corporation operates as an equipment manufacturer of specialized machinery products. The company has a P/E ratio of 36.1, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full Terex 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.
null

If you liked this article you might like

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Cramer: Irma and Harvey Busted the Algos

These Stocks Could Soar if and When Trump's Infrastructure Package Becomes a Reality

Analysts' Actions -- Amazon, C.R. Bard, CyrusOne, Dow and More

Bullish and Bearish Reversals for This Week