MBIA Stock Falls On Unusually High Volume (MBI)

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) -- MBIA (NYSE: MBI) is trading at unusually high volume Tuesday with 8.8 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down 40 cents (-4%) at $9.46 as of 3:46 p.m. ET.

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MBIA has a market cap of $2.06 billion and is part of the financial sector and insurance industry. Shares are up 31.2% year to date as of the close of trading on Monday.

MBIA Inc., together with its subsidiaries, provides financial guarantee insurance and related reinsurance, advisory, and portfolio services for the public and structured finance markets; and asset management advisory services in the United States and internationally. The company has a P/E ratio of 1.7, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates MBIA as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full MBIA 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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