Zillow Stock Falls On Unusually High Volume (Z)

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) -- Zillow (Nasdaq: Z) is trading at unusually high volume Friday with 1.9 million shares changing hands. It is currently at 2.9 times its average daily volume and trading down $1.54 (-2.6%) at $56.30 as of 4 p.m. ET.

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Zillow has a market cap of $1.53 billion and is part of the technology sector and internet industry. Shares are up 108.4% year to date as of the close of trading on Thursday.

Zillow, Inc. engages in the operation of a real estate and home-related information marketplace on mobile and the Web in the United States. The company has a P/E ratio of 5294, above the S&P 500 P/E ratio of 17.7.

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