Fluor Stock Falls On Unusually High Volume (FLR)

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) -- Fluor Corporation (NYSE: FLR) is trading at unusually high volume Monday with 6.6 million shares changing hands. It is currently at 4.6 times its average daily volume and trading down $4.03 (-6.7%) at $56.19 as of 10:51 a.m. ET.

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Fluor has a market cap of $10.25 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 2.5% year to date as of the close of trading on Friday.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Fluor 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins. You can view the full Fluor 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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