Crude Carriers Corp. ADR Stock Gaps Down On Today's Open (CRU)
Shares of Crude Carriers Corp. ADR (NYSE:CRU) were gapping down Monday morning with an open price 22% lower than Friday's closing price. The stock closed at $8.33 yesterday and opened today's trading at $6.50.
NEW YORK ( TheStreet) -- Shares of Crude Carriers Corp. ADR (NYSE: CRU) were gapping down Monday morning with an open price 22% lower than Friday's closing price. The stock closed at $8.33 Friday and opened today's trading at $6.50. The average volume for Crude Carriers Corp. ADR has been 84,500 shares per day over the past 30 days. Crude Carriers Corp. ADR has a market cap of $161.8 million and is part of the services sector and transportation industry. Shares are down 49.8% year to date as of the close of trading on Friday. Crude Carriers Corp. engages in the shipping business focusing on the maritime transportation of crude oil cargoes. The company charters its vessels on the spot market or under spot index-related time charter agreements. The company has a P/E ratio of 13.3, below the average transportation industry P/E ratio of 23 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Crude Carriers Corp. ADR as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, feeble growth in its earnings per share and unimpressive growth in net income. You can view the full Crude Carriers Corp. ADR 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.