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) -- Aruba Networks (Nasdaq: ARUN) is trading at unusually high volume Friday with 8.7 million shares changing hands. It is currently at 3.1 times its average daily volume and trading down $5.04 (-28.6%) at $12.57 as of 9:31 a.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.
Aruba has a market cap of $2 billion and is part of the technology sector and computer hardware industry. Shares are down 15.3% year to date as of the close of trading on Thursday. Aruba Networks, Inc. provides network access solutions for the mobile enterprises worldwide. The company has a P/E ratio of 292.9, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Aruba 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 increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and premium valuation. You can view the full Aruba 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.