Cal Dive International Stock Gaps Down On Today's Open (DVR)

NEW YORK ( TheStreet) -- Shares of Cal Dive International (NYSE: DVR) were gapping down Tuesday morning with an open price 13.8% lower than Monday's closing price. The stock closed at $2.24 Monday and opened today's trading at $1.93.

The average volume for Cal Dive International has been two million shares per day over the past 30 days. Cal Dive International has a market cap of $210.5 million and is part of the basic materials sector and energy industry. Shares are down 60.5% year to date as of the close of trading on Monday.

Cal Dive International, Inc., a marine contracting company, provides manned diving, pipelay and pipe burial, platform installation, and platform salvage services to the offshore oil and natural gas industry.

TheStreet Ratings rates Cal Dive International as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Cal Dive International Ratings Report.

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