NEW YORK ( TheStreet) -- Shares of Websense (Nasdaq: WBSN) were gapping down Wednesday morning with an open price 10.1% lower than Tuesday's closing price. The stock closed at $18.90 Tuesday and opened today's trading at $17. The average volume for Websense has been 290,900 shares per day over the past 30 days. Websense has a market cap of $745.7 million and is part of the services sector and diversified services industry. Shares are up 0.9% year to date as of the close of trading on Tuesday. Websense, Inc. provides unified Web, data, and email content security solutions to protect data and users from cyber-threats, information leaks, legal liability, and productivity loss. The company has a P/E ratio of 26.6, below the average diversified services industry P/E ratio of 26.7 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Websense as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Websense 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.
More from Markets
You Can Buy Some FAANG Stocks Here, But Don't 'Load Up' on Them, Jim Cramer Says
'If you just own FAANG names, that's not very diversified,' he says.
Starbucks Is Now a Turnaround Story -- Here's How Management Did It
Let's just say third quarter didn't disappoint. Read ICYMI to find out what that really means.
Ask Cramer: Book Recommendations for College Grads Starting Their First Job?
Which of Jim Cramer's books does he recommend for grandchildren out of college on their first job?