Avon Stock Gaps Down On Today's Open (AVP)
NEW YORK (
) -- Shares of
(NYSE:
) were gapping down Thursday morning with an open price 13.6% lower than Wednesday's closing price. The stock closed at $23.01 Wednesday and opened today's trading at $19.88.
The average volume for Avon has been 4.6 million shares per day over the past 30 days. Avon has a market cap of $9.9 billion and is part of the
sector and
industry. Shares are down 20.8% year to date as of the close of trading on Wednesday.
Avon Products Inc. engages in manufacturing and marketing beauty and related products in worldwide. The company has a P/E ratio of 13.5, below the average consumer non-durables industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Avon as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full
.
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