Monster Worldwide Stock Gaps Down On Today's Open (MWW)
Shares of Monster Worldwide (NYSE:MWW) were gapping down Thursday morning with an open price 13.1% lower than Wednesday's closing price. The stock closed at $8.98 yesterday and opened today's trading at $7.80.
NEW YORK ( TheStreet) -- Shares of Monster Worldwide (NYSE: MWW) were gapping down Thursday morning with an open price 13.1% lower than Wednesday's closing price. The stock closed at $8.98 Wednesday and opened today's trading at $7.80. The average volume for Monster Worldwide has been 3.3 million shares per day over the past 30 days. Monster Worldwide has a market cap of $1.08 billion and is part of the services sector and media industry. Shares are up 13.2% year to date as of the close of trading on Wednesday. Monster Worldwide, Inc., together with its subsidiaries, provides online employment solutions worldwide. The company operates a network of Websites that connect employers and jobseekers. The company has a P/E ratio of 25.9, above the average media industry P/E ratio of 25.2 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Monster Worldwide as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. You can view the full Monster Worldwide 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.