Axiall Stock Falls On Unusually High Volume (AXLL)

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) -- Axiall (NYSE: AXLL) is trading at unusually high volume Wednesday with 3.5 million shares changing hands. It is currently at 2.2 times its average daily volume and trading down $2.39 (-4.9%) at $46.12 as of 3:41 p.m. ET.

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Axiall has a market cap of $3.37 billion and is part of the basic materials sector and chemicals industry. Shares are up 17.5% year to date as of the close of trading on Tuesday.

Axiall Corporation operates as an integrated chemicals and building products company in North America and Asia. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Axiall as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full Axiall 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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