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 Friday with 12.6 million shares changing hands. It is currently at two times its average daily volume and trading down 37 cents (-2.4%) at $15.30 as of 2:15 p.m. ET.

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MBIA has a market cap of $2.99 billion and is part of the financial sector and insurance industry. Shares are up 99.6% year to date as of the close of trading on Thursday.

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 2.4, 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 also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself. 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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