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Healthways Stock Gaps Down On Today's Open (HWAY)

By TheStreet Wire 02/16/12 - 08:56 AM EST

Find out if (HWAY) is in Cramer's Portfolio.

NEW YORK (TheStreet) -- Shares of Healthways (Nasdaq:HWAY) were gapping down Thursday morning with an open price 15.6% lower than Wednesday's closing price. The stock closed at $7.94 Wednesday and opened today's trading at $6.70.

The average volume for Healthways has been 273,000 shares per day over the past 30 days. Healthways has a market cap of $245.3 million and is part of the health care sector and health services industry. Shares are up 15.7% year to date as of the close of trading on Wednesday.

Healthways, Inc. provides specialized, comprehensive solutions to assist people to maintain and improve their health and well-being. The company has a P/E ratio of 7.8, above the average health services industry P/E ratio of 7.2 and below the S&P 500 P/E ratio of 17.7.

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

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