NEW YORK ( TheStreet) -- Shares of Central European Distribution (Nasdaq: CEDC) were gapping down Friday morning with an open price 23% lower than Thursday's closing price. The stock closed at $5.04 Thursday and opened today's trading at $3.88.

The average volume for Central European Distribution has been 2.5 million shares per day over the past 30 days. Central European Distribution has a market cap of $365.8 million and is part of the consumer goods sector and food & beverage industry. Shares are down 78% year to date as of the close of trading on Thursday.

Central European Distribution Corporation, together with its subsidiaries, produces, imports, and distributes alcoholic beverages in Poland, Hungary, and the Russian Federation.

TheStreet Ratings rates Central European Distribution as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Central European Distribution Ratings Report.

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