NEW YORK ( TheStreet) -- Shares of Frontline (NYSE: FRO) were gapping down Tuesday morning with an open price 34.5% lower than Monday's closing price. The stock closed at $5.19 Monday and opened today's trading at $3.40. The average volume for Frontline has been 2.5 million shares per day over the past 30 days. Frontline has a market cap of $450.8 million and is part of the services sector and transportation industry. Shares are down 79.5% year to date as of the close of trading on Monday. Frontline Ltd., through its subsidiaries, engages in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers. It primarily transports crude oil; and raw materials, such as coal and iron ore. The company's OBO carriers transport dry cargo. The company has a P/E ratio of 2.8, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Frontline as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, 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 Frontline 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.