Shares of Brandywine Realty (NYSE:BDN) were gapping down Thursday morning with an open price 12.3% lower than Wednesday's closing price. The stock closed at $11.38 yesterday and opened today's trading at $9.98.
NEW YORK ( TheStreet) -- Shares of Brandywine Realty (NYSE: BDN) were gapping down Thursday morning with an open price 12.3% lower than Wednesday's closing price. The stock closed at $11.38 Wednesday and opened today's trading at $9.98. The average volume for Brandywine has been 1.6 million shares per day over the past 30 days. Brandywine has a market cap of $1.4 billion and is part of the financial sector and real estate industry. Shares are up 21.7% year to date as of the close of trading on Wednesday. Brandywine Realty Trust is a publicly owned real estate investment firm. The firm engages in the engaged in the ownership, management, leasing, acquisition, and development of office and industrial properties. It primarily manages Class-A, suburban and urban office portfolio. TheStreet Ratings rates Brandywine as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and good cash flow from operations. 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 Brandywine 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.