NEW YORK (

TheStreet

) -- Shares of

Krispy Kreme Doughnut Corporation

(NYSE:

KKD

) were gapping up Monday morning with an open price 10.9% higher than Friday's closing price. The stock closed at $6.40 Friday and opened today's trading at $7.10.

The average volume for Krispy Kreme Doughnut has been 927,800 shares per day over the past 30 days. Krispy Kreme Doughnut has a market cap of $432.2 million and is part of the

services

sector and

leisure

industry. Shares are down 8.3% year to date as of the close of trading on Friday.

Krispy Kreme Doughnuts, Inc. operates as a branded retailer and wholesaler of doughnuts, complementary beverages and treats, and packaged sweets. The company has a P/E ratio of 58.2, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Krispy Kreme Doughnut as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full

Krispy Kreme Doughnut Ratings Report

.

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