3. As of noon trading, Corrections Corporation of America ( CXW) is down $0.92 (-2.7%) to $33.78 on heavy volume. Thus far, 2.4 million shares of Corrections Corporation of America exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $33.47-$34.82 after having opened the day at $34.60 as compared to the previous trading day's close of $34.70.

Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. Corrections Corporation of America has a market cap of $4.0 billion and is part of the diversified services industry. Shares are down 2.2% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Corrections Corporation of America a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Corrections Corporation of America as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Corrections Corporation of America Ratings Report now.

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