Big Five Sporting Goods Stock Gaps Down On Today's Open (BGFV)

NEW YORK ( TheStreet) -- Shares of Big five Sporting Goods Corporation (Nasdaq: BGFV) were gapping down Wednesday morning with an open price 13.8% lower than Tuesday's closing price. The stock closed at $11.77 Tuesday and opened today's trading at $10.15.

The average volume for Big five Sporting Goods has been 75,500 shares per day over the past 30 days. Big five Sporting Goods has a market cap of $259 million and is part of the services sector and specialty retail industry. Shares are down 22.9% year to date as of the close of trading on Tuesday.

Big five Sporting Goods Corporation, together with its subsidiaries, engages in the retail of sporting goods in the western United States. The company has a P/E ratio of 12.5, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.

TheStreet Ratings rates Big five Sporting Goods as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Big five Sporting Goods Ratings Report.

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