NEW YORK ( TheStreet) -- Shares of Orix Corporation (NYSE: IX) were gapping down Monday morning with an open price 12% lower than Friday's closing price. The stock closed at $52.87 Friday and opened today's trading at $46.51.

The average volume for Orix has been 16,300 shares per day over the past 30 days. Orix has a market cap of $11.6 billion and is part of the conglomerates sector and conglomerates industry. Shares are up 8.7% year to date as of the close of trading on Friday.

ORIX Corporation provides financial products and services to corporate and retail customers in Japan and internationally. The company operates in six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment Banking, Retail, and Overseas Business. The company has a P/E ratio of 41.3, above the average conglomerates industry P/E ratio of 19.3 and above the S&P 500 P/E ratio of 17.2.

TheStreet Ratings rates Orix as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full Orix Ratings Report.

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