Shares of Kid Brands (NYSE:KID) were gapping down Wednesday morning with an open price 15.4% lower than Tuesday's closing price. The stock closed at $7.40 yesterday and opened today's trading at $6.26.
NEW YORK ( TheStreet) -- Shares of Kid Brands (NYSE: KID) were gapping down Wednesday morning with an open price 15.4% lower than Tuesday's closing price. The stock closed at $7.40 Tuesday and opened today's trading at $6.26. The average volume for Kid has been 109,200 shares per day over the past 30 days. Kid has a market cap of $149.4 million and is part of the consumer goods sector and consumer durables industry. Shares are down 13.6% year to date as of the previous trading day's close. Kid Brands, Inc. designs, imports, markets, and distributes infant and juvenile consumer products. The company has a P/E ratio of 4.3, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Kid as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Kid Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.