NPS Stock Gaps Down On Today's Open (NPSP)

NEW YORK ( TheStreet) -- Shares of NPS Pharmaceuticals Inc (Nasdaq: NPSP) were gapping down Monday morning with an open price 11% lower than Friday's closing price. The stock closed at $7.76 Friday and opened today's trading at $6.91.

The average volume for NPS has been 909,700 shares per day over the past 30 days. NPS has a market cap of $616 million and is part of the health care sector and drugs industry. Shares are down 2.2% year to date as of the close of trading on Friday.

NPS Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, engages in the development specialty therapeutics for gastrointestinal and endocrine disorders.

TheStreet Ratings rates NPS as a sell. The company's weaknesses can be seen in multiple areas, such as its poor profit margins and weak operating cash flow. You can view the full NPS Ratings Report.

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