Yelp Inc Class A Stock Falls On Unusually High Volume (YELP)
Yelp Inc Class A (NYSE:YELP) is trading at unusually high volume Wednesday with 2.5 million shares changing hands. It is currently at two times its average daily volume and trading down 76 cents (-2.5%).
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) -- Yelp Inc Class A (NYSE: YELP) is trading at unusually high volume Wednesday with 2.5 million shares changing hands. It is currently at two times its average daily volume and trading down 76 cents (-2.5%) at $29.91 as of 4:02 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.
Yelp Inc Class A has a market cap of $955 million and is part of the technology sector and internet industry. Shares are up 62.7% year to date as of the close of trading on Tuesday. Yelp, Inc. operates Yelp.com, an online urban city guide that helps people find places to eat, shop, drink, relax, and play based on the informed opinions of a community of locals in the know. TheStreet Ratings rates Yelp Inc Class A as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full Yelp Inc Class A 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.