Intermec Stock Gaps Down On Today's Open (IN)

NEW YORK ( TheStreet) -- Shares of Intermec (NYSE: IN) were gapping down Friday morning with an open price 13.8% lower than Thursday's closing price. The stock closed at $8.61 Thursday and opened today's trading at $7.42.

The average volume for Intermec has been 389,000 shares per day over the past 30 days. Intermec has a market cap of $480.9 million and is part of the technology sector and computer hardware industry. Shares are down 32% year to date as of the close of trading on Thursday.

Intermec, Inc., together with its subsidiaries, designs, develops, integrates, sells, and services wired and wireless automated identification and data collection products and provides related services worldwide.

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

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