NEW YORK ( TheStreet) -- Shares of Tivo (Nasdaq: TIVO) were gapping down Wednesday morning with an open price 10.4% lower than Tuesday's closing price. The stock closed at $10.83 Tuesday and opened today's trading at $9.70. The average volume for Tivo has been 2.4 million shares per day over the past 30 days. Tivo has a market cap of $1.3 billion and is part of the services sector and media industry.

TiVo Inc., together with its subsidiaries, provides television technology and services that include digital video recorders (DVRs) in the United States and internationally.

TheStreet Ratings rates Tivo as sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Tivo Ratings Report.