Central European Distribution Stock Gaps Down On Today's Open (CEDC)

NEW YORK (TheStreet) -- Shares of Central European Distribution (Nasdaq:CEDC) were gapping down Friday morning with an open price 23% lower than Thursday's closing price. The stock closed at $5.04 Thursday and opened today's trading at $3.88.

The average volume for Central European Distribution has been 2.5 million shares per day over the past 30 days. Central European Distribution has a market cap of $365.8 million and is part of the consumer goods sector and food & beverage industry. Shares are down 78% year to date as of the close of trading on Thursday.

Central European Distribution Corporation, together with its subsidiaries, produces, imports, and distributes alcoholic beverages in Poland, Hungary, and the Russian Federation.

TheStreet Ratings rates Central European Distribution as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Central European Distribution Ratings Report.

Get more investment ideas from our investment research center.

Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.

For more information on Central European Distribution Corp click any of the following:

• Central European Distribution Corp Stock Price

• Central European Distribution Corp Analyst Ratings

• Central European Distribution Corp Key Stats & Profile

• Central European Distribution Corp Earnings

• Central European Distribution Corp Ratio Comparison

• Central European Distribution Corp Growth Rates

• Central European Distribution Corp Balance Sheet

• Central European Distribution Corp Cash Flow

• Central European Distribution Corp Income Statement