Perry Ellis International Stock Gaps Down On Today's Open (PERY)
Shares of Perry Ellis International (Nasdaq:PERY) were gapping down Thursday morning with an open price 27.7% lower than Wednesday's closing price. The stock closed at $21.44 yesterday and opened today's trading at $15.51.
NEW YORK ( TheStreet) -- Shares of Perry Ellis International (Nasdaq: PERY) were gapping down Thursday morning with an open price 27.7% lower than Wednesday's closing price. The stock closed at $21.44 Wednesday and opened today's trading at $15.51. The average volume for Perry Ellis International has been 176,100 shares per day over the past 30 days. Perry Ellis International has a market cap of $363.5 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 19.1% year to date as of the close of trading on Wednesday. Perry Ellis International, Inc. engages in designing, sourcing, marketing, and licensing apparel products for men and women in the United States and internationally. The company has a P/E ratio of 10.5, above the average consumer non-durables industry P/E ratio of 10.3 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Perry Ellis International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Perry Ellis International 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.