Bill Barrett Stock Falls On Unusually High Volume (BBG)
Bill Barrett Corporation (NYSE:BBG) is trading at unusually high volume Monday with 3.1 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down $1.98 (-9.7%).
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) -- Bill Barrett Corporation (NYSE: BBG) is trading at unusually high volume Monday with 3.1 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down $1.98 (-9.7%) at $18.54 as of 3:50 p.m. ET.
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Bill Barrett has a market cap of $1.04 billion and is part of the basic materials sector and energy industry. Shares are up 15.3% year to date as of the close of trading on Friday. Bill Barrett Corporation, an independent oil and gas company, engages in the exploration, development, and production of crude oil and natural gas in the United States. The company has a P/E ratio of 2131, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Bill Barrett as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full Bill Barrett 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.