NEW YORK ( TheStreet) -- Shares of Pantry (Nasdaq: PTRY) were gapping down Tuesday morning with an open price 15.1% lower than Monday's closing price. The stock closed at $14.96 Monday and opened today's trading at $12.70. The average volume for Pantry has been 313,400 shares per day over the past 30 days. Pantry has a market cap of $367.1 million and is part of the services sector and retail industry. Shares are down 24.7% year to date as of the close of trading on Monday. The Pantry, Inc. operates convenience store chain in the southeastern United States. Its stores offer a selection of merchandise, fuel, and ancillary products and services. The company has a P/E ratio of 25, below the average retail industry P/E ratio of 25.3 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Pantry as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and poor profit margins. You can view the full Pantry 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.