NEW YORK ( TheStreet) -- Shares of Cbeyond Communications (Nasdaq: CBEY) were gapping down Thursday morning with an open price 19.9% lower than Wednesday's closing price. The stock closed at $7.92 Wednesday and opened today's trading at $6.34.

The average volume for Cbeyond has been 243,400 shares per day over the past 30 days. Cbeyond has a market cap of $235.9 million and is part of the technology sector and telecommunications industry. Shares are down 48.2% year to date as of the close of trading on Wednesday.

Cbeyond, Inc. provides managed communications and information technology (IT) services to small businesses in the United States.

TheStreet Ratings rates Cbeyond as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share. You can view the full Cbeyond 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.
null