NXP Semiconductor Stock Falls On Unusually High Volume (NXPI)
NXP Semiconductor (Nasdaq:NXPI) is trading at unusually high volume Wednesday with 5.8 million shares changing hands. It is currently at two times its average daily volume and trading down $1.90 (-6.7%).
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) -- NXP Semiconductor (Nasdaq: NXPI) is trading at unusually high volume Wednesday with 5.8 million shares changing hands. It is currently at two times its average daily volume and trading down $1.90 (-6.7%) at $26.67 as of 3:46 p.m. ET.
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NXP Semiconductor has a market cap of $6.91 billion and is part of the technology sector and electronics industry. Shares are up 4.3% year to date as of the close of trading on Tuesday. NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. TheStreet Ratings rates NXP Semiconductor as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity. You can view the full NXP Semiconductor Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.