Dynegy Stock Gaps Down On Today's Open (DYN)

NEW YORK ( TheStreet) -- Shares of Dynegy Inc (NYSE: DYN) were gapping down Monday morning with an open price 11.5% lower than Friday's closing price. The stock closed at $2.95 Friday and opened today's trading at $2.61.

The average volume for Dynegy has been 2.4 million shares per day over the past 30 days. Dynegy has a market cap of $362 million and is part of the utilities sector and utilities industry. Shares are down 47.5% year to date as of the close of trading on Friday.

Dynegy Inc., through its subsidiaries, engages in the production and sale of electric energy, capacity, and ancillary services in the United States.

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

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