Dell Stock Falls On Unusually High Volume (DELL)

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) -- Dell (Nasdaq: DELL) is trading at unusually high volume Friday with 64.1 million shares changing hands. It is currently at two times its average daily volume and trading down 54 cents (-3.9%) at $13.41 as of 2:36 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.

Dell has a market cap of $24.41 billion and is part of the technology sector and computer hardware industry. Shares are up 37.8% year to date as of the close of trading on Thursday.

Dell Inc., an information technology company, provides a range of technology solutions worldwide. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dell as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. 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 Dell 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.
null

If you liked this article you might like

DiCaprio, De Niro Headline List of Major Celebrities Hosting Hurricane Telethon

Lenovo Posts Surprise Loss as Chip Shortages Squeeze Margins

Dell Takes On Cloud Leaders With New Payment Model

How to Play a U.S. Trade War With China

How to Play a Trade War Between the United States and China