U.S. Auto Parts Network Stock Gaps Down On Today's Open (PRTS)
Shares of U.S. Auto Parts Network (Nasdaq:PRTS) were gapping down Wednesday morning with an open price 17.4% lower than Tuesday's closing price. The stock closed at $7 yesterday and opened today's trading at $5.78.
NEW YORK ( TheStreet) -- Shares of U.S. Auto Parts Network (Nasdaq: PRTS) were gapping down Wednesday morning with an open price 17.4% lower than Tuesday's closing price. The stock closed at $7 Tuesday and opened today's trading at $5.78. The average volume for U.S. Auto Parts Network has been 93,200 shares per day over the past 30 days. U.S. Auto Parts Network has a market cap of $212.3 million and is part of the services sector and retail industry. Shares are down 16.7% year to date as of the close of trading on Tuesday. U.S. Auto Parts Network, Inc. operates as a distributor of aftermarket auto parts and accessories in the United States. It acts as an online source for automotive aftermarket parts and repair information. TheStreet Ratings rates U.S. Auto Parts Network as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full U.S. Auto Parts Network 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.