Sierra Wireless Stock Gaps Down On Today's Open (SWIR)
Shares of Sierra Wireless (Nasdaq:SWIR) were gapping down Thursday morning with an open price 17.6% lower than Wednesday's closing price. The stock closed at $7.37 yesterday and opened today's trading at $6.07.
NEW YORK ( TheStreet) -- Shares of Sierra Wireless (Nasdaq: SWIR) were gapping down Thursday morning with an open price 17.6% lower than Wednesday's closing price. The stock closed at $7.37 Wednesday and opened today's trading at $6.07. The average volume for Sierra Wireless has been 97,700 shares per day over the past 30 days. Sierra Wireless has a market cap of $228.8 million and is part of the technology sector and telecommunications industry. Shares are down 50.6% year to date as of the close of trading on Wednesday. Sierra Wireless, Inc., together with its subsidiaries, provides wireless solutions for the machine-to-machine (M2M) and mobile computing markets. TheStreet Ratings rates Sierra Wireless as a sell. The company's weaknesses can be seen in multiple areas, such as its poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Sierra Wireless 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.