Cavium Stock Falls On Unusually High Volume (CAVM)

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) -- Cavium (Nasdaq: CAVM) is trading at unusually high volume Friday with 1.9 million shares changing hands. It is currently at two times its average daily volume and trading down $2.46 (-6.8%) at $33.51 as of 2:56 p.m. ET.

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Cavium has a market cap of $1.83 billion and is part of the technology sector and electronics industry. Shares are up 15.3% year to date as of the close of trading on Thursday.

Cavium, Inc. designs, develops, and markets semiconductor processors for intelligent and secure networks. Its semiconductor products enable customers to develop networking, wireless, storage, and electronic equipment.

TheStreet Ratings rates Cavium as a hold. The company's strengths can be seen in multiple areas, such as its revenue 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 deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Cavium 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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