GTx Stock Gaps Down On Today's Open (GTXI)

NEW YORK (TheStreet) -- Shares of GTx (Nasdaq:GTXI) were gapping down Tuesday morning with an open price 41% lower than Friday's closing price. The stock closed at $5.80 Friday and opened today's trading at $3.42.

The average volume for GTx has been 190,800 shares per day over the past 30 days. GTx has a market cap of $244.9 million and is part of the health care sector and drugs industry. Shares are up 72.6% year to date as of the close of trading on Friday.

GTx, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of small molecules for the treatment of cancer, cancer supportive care, and other serious medical conditions.

TheStreet Ratings rates GTx as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and disappointing return on equity. You can view the full GTx Ratings Report.

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