India Stock Gaps Down On Today's Open (REDF)

NEW YORK ( TheStreet) -- Shares of India (Nasdaq: REDF) were gapping down Wednesday morning with an open price 11.3% lower than Tuesday's closing price. The stock closed at $8.80 Tuesday and opened today's trading at $7.81.

The average volume for India has been 480,000 shares per day over the past 30 days. India has a market cap of $249.7 million and is part of the technology sector and internet industry. Shares are up 15.5% year to date as of the close of trading on Tuesday. India Limited provides online Internet based services in India and to the global Indian community.

TheStreet Ratings rates India as a sell. Among the areas we feel are negative, one of the most important has been unimpressive growth in net income over time. You can view the full India Ratings Report.

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