Shares of Daktronics (Nasdaq:DAKT) were gapping down Tuesday morning with an open price 13.3% lower than Friday's closing price. The stock closed at $16.26 yesterday and opened today's trading at $14.10.
NEW YORK ( TheStreet) -- Shares of Daktronics (Nasdaq: DAKT) were gapping down Tuesday morning with an open price 13.3% lower than Friday's closing price. The stock closed at $16.26 Friday and opened today's trading at $14.10. The average volume for Daktronics has been 220,300 shares per day over the past 30 days. Daktronics has a market cap of $674.2 million and is part of the industrial goods sector and industrial industry. Shares are up 2.1% year to date as of the close of trading on Friday. Daktronics, Inc., through its subsidiaries, engages in the design, manufacture, marketing, and support of electronic display systems, as well as related products, maintenance, and professional services worldwide. TheStreet Ratings rates Daktronics as 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 disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full Daktronics Ratings Report. Get more investment ideas from our investment research center.