NEW YORK ( TheStreet) -- Shares of General Maritime Corporation (NYSE: GMR) were gapping down Thursday morning with an open price 27.6% lower than Wednesday's closing price. The stock closed at $2.50 Wednesday and opened today's trading at $1.81.

The average volume for General Maritime has been 2.2 million shares per day over the past 30 days. General Maritime has a market cap of $218.7 million and is part of the services sector and transportation industry. Shares are down 23.1% year to date as of the close of trading on Wednesday.

General Maritime Corporation, through its subsidiaries, provides international transportation services of seaborne crude oil and petroleum products. The company's vessels are primarily available for charter on a spot voyage or time charter basis.

TheStreet Ratings rates General Maritime 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, generally weak debt management, disappointing return on equity and poor profit margins. You can view the full General Maritime Ratings Report.

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