Imperial Sugar Stock Gaps Down On Today's Open (IPSU)
Shares of Imperial Sugar Company (Nasdaq:IPSU) were gapping down Thursday morning with an open price 14.9% lower than Wednesday's closing price. The stock closed at $4.35 yesterday and opened today's trading at $3.70.
NEW YORK ( TheStreet) -- Shares of Imperial Sugar Company (Nasdaq: IPSU) were gapping down Thursday morning with an open price 14.9% lower than Wednesday's closing price. The stock closed at $4.35 Wednesday and opened today's trading at $3.70. The average volume for Imperial Sugar has been 343,100 shares per day over the past 30 days. Imperial Sugar has a market cap of $54.6 million and is part of the consumer goods sector and food & beverage industry. Shares are down 66.6% year to date as of the close of trading on Wednesday. Imperial Sugar Company, together with its subsidiaries, processes and markets refined cane sugar in the NAFTA region. It refines, packages, and distributes granulated, powdered, liquid, and brown sugars under Dixie Crystals, Imperial, and Holly brand names, as well as under private labels. TheStreet Ratings rates Imperial Sugar as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full Imperial Sugar 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.
Imperial Sugar Company (Nasdaq:IPSU) hit a new 52-week low Thursday as it is currently trading at $6.48, below its previous 52-week low of $6.50 with 168,141 shares traded as of 12:35 p.m. ET. Average volume has been 439,500 shares over the past 30 days.