Sealy Stock Gaps Down On Today's Open (ZZ)

NEW YORK ( TheStreet) -- Shares of Sealy (NYSE: ZZ) were gapping down Thursday morning with an open price 15.8% lower than Wednesday's closing price. The stock closed at $1.84 Wednesday and opened today's trading at $1.55.

The average volume for Sealy has been 343,100 shares per day over the past 30 days. Sealy has a market cap of $190.5 million and is part of the consumer goods sector and consumer durables industry. Shares are up 7% year to date as of the close of trading on Wednesday.

Sealy Corporation, together with its subsidiaries, manufactures and markets various bedding products. Its products include mattresses and mattress foundations. The company markets its products under the brand name of Sealy, Sealy Posturepedic, Stearns & Foster, and Bassett. The company has a P/E ratio of 17.2, above the average consumer durables industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 17.7.

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

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