Websense Stock Gaps Down On Today's Open (WBSN)

NEW YORK (TheStreet) -- Shares of Websense (Nasdaq:WBSN) were gapping down Wednesday morning with an open price 10.1% lower than Tuesday's closing price. The stock closed at $18.90 Tuesday and opened today's trading at $17.

The average volume for Websense has been 290,900 shares per day over the past 30 days. Websense has a market cap of $745.7 million and is part of the services sector and diversified services industry. Shares are up 0.9% year to date as of the close of trading on Tuesday.

Websense, Inc. provides unified Web, data, and email content security solutions to protect data and users from cyber-threats, information leaks, legal liability, and productivity loss. The company has a P/E ratio of 26.6, below the average diversified services industry P/E ratio of 26.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Websense as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Websense Ratings Report.

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