InterOil Stock Falls On Unusually High Volume (IOC)

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) -- InterOil Corporation (NYSE: IOC) is trading at unusually high volume Tuesday with 1.6 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down $5.24 (-6.1%) at $81.16 as of 2:55 p.m. ET.

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InterOil has a market cap of $4.2 billion and is part of the basic materials sector and energy industry. Shares are up 55.6% year to date as of the close of trading on Friday.

InterOil Corporation operates as an integrated oil and gas company in Papua New Guinea. The company operates in four segments: Upstream, Midstream, Downstream, and Corporate.

TheStreet Ratings rates InterOil as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full InterOil Ratings Report.

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