NEW YORK ( TheStreet) -- Shares of Sierra Wireless (Nasdaq: SWIR) were gapping down Wednesday morning with an open price 27.9% lower than Tuesday's closing price. The stock closed at $15.50 Tuesday and opened today's trading at $11.18. The average volume for Sierra Wireless has been 245,700 shares per day over the past 30 days. Sierra Wireless has a market cap of $443.5 million and is part of the technology sector and telecommunications industry.

Sierra Wireless, Inc. provides wireless solutions for the mobile computing and machine-to-machine (M2M) markets.

TheStreet Ratings rates Sierra Wireless as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full Sierra Wireless Ratings Report.

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