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.

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.
null