Doral Financial Stock Gaps Down On Today's Open (DRL)
Shares of Doral Financial Corporation (NYSE:DRL) were gapping down Wednesday morning with an open price 11.6% lower than Tuesday's closing price. The stock closed at $1.81 yesterday and opened today's trading at $1.60.
NEW YORK ( TheStreet) -- Shares of Doral Financial Corporation (NYSE: DRL) were gapping down Wednesday morning with an open price 11.6% lower than Tuesday's closing price. The stock closed at $1.81 Tuesday and opened today's trading at $1.60. The average volume for Doral Financial has been 1.3 million shares per day over the past 30 days. Doral Financial has a market cap of $229.1 million and is part of the financial sector and real estate industry. Shares are up 31.2% year to date as of the close of trading on Tuesday. Doral Financial Corporation, through its subsidiaries, provides a range of banking and financial services primarily in Puerto Rico and New York. TheStreet Ratings rates Doral Financial as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Doral Financial 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.