NEW YORK ( TheStreet) -- Shares of Doral Financial (NYSE: DRL) were gapping down Thursday morning with an open price 12.2% lower than Wednesday's closing price. The stock closed at $1.23 Wednesday and opened today's trading at $1.08. The average volume for Doral Financial has been 573,000 shares per day over the past 30 days. Doral Financial has a market cap of $161.7 million and is part of the financial sector and real estate industry. Shares are down 10.9% year to date as of the close of trading on Wednesday. Doral Financial Corporation, through its subsidiaries, provides a range of banking and financial services primarily in Puerto Rico and New York. The company has a P/E ratio of 3.5, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Doral Financial 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 Doral Financial 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.