Pandora Media Stock Falls On Unusually High Volume (P)

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) -- Pandora Media (NYSE: P) is trading at unusually high volume Friday with 18.4 million shares changing hands. It is currently at 3.3 times its average daily volume and trading down 41 cents (-2.4%) at $16.75 as of 12:36 p.m. ET.

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Pandora Media has a market cap of $2.87 billion and is part of the services sector and media industry. Shares are up 86.9% year to date as of the close of trading on Thursday.

Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access unlimited hours of free music and comedy, as well as offers Pandora One, a paid subscription service to listeners.

TheStreet Ratings rates Pandora Media as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins and feeble growth in its earnings per share. You can view the full Pandora Media 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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