NEW YORK (

TheStreet

) -- Shares of

Apollo Group

(Nasdaq:

APOL

) were gapping down Tuesday morning with an open price 10.1% lower than Monday's closing price. The stock closed at $42.35 Monday and opened today's trading at $38.08.

The average volume for Apollo Group has been 2.3 million shares per day over the past 30 days. Apollo Group has a market cap of $6.2 billion and is part of the

services

sector and

diversified services

industry. Shares are up 7.2% year to date as of the close of trading on Monday.

Apollo Group, Inc. provides educational programs and services at the undergraduate, master's, and doctoral levels. The company has a P/E ratio of 11.5, below the average diversified services industry P/E ratio of 11.8 and below the S&P 500 P/E ratio of 16.2.

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

Apollo Group Ratings Report

.

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