Mobile Mini Stock Gaps Down On Today's Open (MINI)
Shares of Mobile Mini Inc (Nasdaq:MINI) were gapping down Wednesday morning with an open price 10.5% lower than Tuesday's closing price. The stock closed at $19.50 yesterday and opened today's trading at $17.46.
NEW YORK ( TheStreet) -- Shares of Mobile Mini Inc (Nasdaq: MINI) were gapping down Wednesday morning with an open price 10.5% lower than Tuesday's closing price. The stock closed at $19.50 Tuesday and opened today's trading at $17.46. The average volume for Mobile Mini has been 200,800 shares per day over the past 30 days. Mobile Mini has a market cap of $810.6 million and is part of the industrial goods sector and industrial industry. Shares are down 1% year to date as of the close of trading on Tuesday. Mobile Mini, Inc. provides portable storage solutions in North America, the United Kingdom, and the Netherlands. The company has a P/E ratio of 45, above the average industrial industry P/E ratio of 44 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Mobile Mini as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and disappointing return on equity. You can view the full Mobile Mini 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.