NEW YORK ( TheStreet) -- Shares of Zep (NYSE: ZEP) were gapping down Thursday morning with an open price 13.1% lower than Wednesday's closing price. The stock closed at $17.58 Wednesday and opened today's trading at $15.28.

The average volume for Zep has been 71,100 shares per day over the past 30 days. Zep has a market cap of $389.5 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 10.8% year to date as of the close of trading on Wednesday.

Zep Inc. produces, markets, and services a range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer end-markets. The company has a P/E ratio of 25.3, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Zep as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Zep Ratings Report.

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