NEW YORK ( TheStreet) -- Shares of Valassis Communications Inc (NYSE: VCI) were gapping down Wednesday morning with an open price 19.2% lower than Tuesday's closing price. The stock closed at $19.57 Tuesday and opened today's trading at $15.81.

The average volume for Valassis has been 1.6 million shares per day over the past 30 days. Valassis has a market cap of $962.8 million and is part of the services sector and media industry. Shares are down 36.8% year to date as of the close of trading on Tuesday.

Valassis Communications, Inc., together with its subsidiaries, operates as a media and marketing services company primarily in the United States and Europe. The company has a P/E ratio of 10.1, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Valassis as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Valassis Ratings Report.

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