Talisman Energy Stock Falls On Unusually High Volume (TLM)

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) -- Talisman Energy (NYSE: TLM) is trading at unusually high volume Wednesday with 10.6 million shares changing hands. It is currently at two times its average daily volume and trading down 47 cents (-4%) at $11.42 as of 3:56 p.m. ET.

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Talisman Energy has a market cap of $12.2 billion and is part of the basic materials sector and energy industry. Shares are up 5% year to date as of the close of trading on Tuesday.

Talisman Energy Inc., an upstream oil and gas company, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. The company has a P/E ratio of 1179, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Talisman Energy as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Talisman Energy 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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