NXP Semiconductor Stock Falls On Unusually High Volume (NXPI)

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) -- NXP Semiconductor (Nasdaq: NXPI) is trading at unusually high volume Monday with 6.3 million shares changing hands. It is currently at two times its average daily volume and trading down $1.60 (-5.2%) at $29.30 as of 3:46 p.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.

NXP Semiconductor has a market cap of $7.64 billion and is part of the technology sector and electronics industry. Shares are up 17.4% year to date as of the close of trading on Friday.

NXP Semiconductors N.V. provides mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It provides integrated circuits (ICs) and discrete semiconductors. The company has a P/E ratio of 1018.3, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NXP Semiconductor as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures. You can view the full NXP Semiconductor Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

Dow Trades Lower as Walmart Shares Fall Sharply, S&P 500 Rises

Dow Trades Lower as Walmart Shares Fall Sharply, S&P 500 Rises

Qualcomm Lifts Offer for NXP Semiconductors to $44 Billion

Qualcomm Lifts Offer for NXP Semiconductors to $44 Billion

Qualcomm's Higher NXP Bid Secures OK From Elliott Management's Paul Singer

Qualcomm's Higher NXP Bid Secures OK From Elliott Management's Paul Singer

Inside Broadcom CEO's Latest Strategy to Woo Qualcomm Investors

Inside Broadcom CEO's Latest Strategy to Woo Qualcomm Investors

Qualcomm, NXP, VMware Deal Dramas Present Good Opportunities to Profit

Qualcomm, NXP, VMware Deal Dramas Present Good Opportunities to Profit