Shares of Healthcare Realty (NYSE:HR) were gapping down Tuesday morning with an open price 10.4% lower than Monday's closing price. The stock closed at $15.80 yesterday and opened today's trading at $14.15.
NEW YORK ( TheStreet) -- Shares of Healthcare Realty (NYSE: HR) were gapping down Tuesday morning with an open price 10.4% lower than Monday's closing price. The stock closed at $15.80 Monday and opened today's trading at $14.15. The average volume for Healthcare has been 649,600 shares per day over the past 30 days. Healthcare has a market cap of $1.3 billion and is part of the financial sector and real estate industry. Shares are down 25.4% year to date as of the close of trading on Monday. Acquires existing healthcare facilities, provides property management, leasing and build-to-suit development services, and owns a portfolio of healthcare properties in the U.S. At Dec. 31, 2005, had investments of apx. $1.8 billion in 234 income-producing real estate properties and mortgages. TheStreet Ratings rates Healthcare as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Healthcare 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.