NEW YORK ( TheStreet) -- Shares of Amedisys (Nasdaq: AMED) were gapping down Tuesday morning with an open price 16.2% lower than Monday's closing price. The stock closed at $13.13 Monday and opened today's trading at $11.

The average volume for Amedisys has been 622,500 shares per day over the past 30 days. Amedisys has a market cap of $408.2 million and is part of the health care sector and health services industry. Shares are down 60.8% year to date as of the close of trading on Monday.

Amedisys, Inc. provides home health and hospice services to the chronic, co-morbid, and aging American population. The company has a P/E ratio of five, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Amedisys as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Amedisys 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.