NEW YORK ( TheStreet) -- Shares of Hospira (NYSE: HSP) were gapping down Tuesday morning with an open price 18.3% lower than Monday's closing price. The stock closed at $37.36 Monday and opened today's trading at $30.52. The average volume for Hospira has been 1.5 million shares per day over the past 30 days. Hospira has a market cap of $6.3 billion and is part of the health care sector and drugs industry. Shares are down 32.9% year to date as of the close of trading on Monday. Hospira, Inc., a specialty pharmaceutical and medication delivery company, that develops, manufactures, and markets products that help improve the safety and productivity of patient care. The company has a P/E ratio of 17.5, above the average drugs industry P/E ratio of 15.2 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Hospira as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full Hospira 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.
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