AMR Stock Gaps Down On Today's Open (AMR)

NEW YORK ( TheStreet) -- Shares of AMR (NYSE: AMR) were gapping down Friday morning with an open price 38.5% lower than Thursday's closing price. The stock closed at 52 cents Thursday and opened today's trading at 32 cents.

The average volume for AMR has been 33.6 million shares per day over the past 30 days. AMR has a market cap of $182.4 million and is part of the services sector and transportation industry. Shares are down 93.4% year to date as of the close of trading on Thursday.

AMR Corporation operates in the airline industry. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia. American Airlines, Inc.

TheStreet Ratings rates AMR as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full AMR Ratings Report.

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