Apollo Group Stock Falls On Unusually High Volume (APOL)

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) -- Apollo Group (Nasdaq: APOL) is trading at unusually high volume Wednesday with 4.7 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down $1.46 (-7.6%) at $17.92 as of 10:36 a.m. ET.

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Apollo Group has a market cap of $2.14 billion and is part of the services sector and diversified services industry. Shares are down 8.6% year to date as of the close of trading on Tuesday.

Apollo Group, Inc., through its subsidiaries, provides online and on-campus educational programs and services at the undergraduate, master's, and doctoral levels. The company has a P/E ratio of 6.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Apollo Group as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income and generally disappointing historical performance in the stock itself. You can view the full Apollo Group Ratings Report.

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