NutriSystem Stock Gaps Down On Today's Open (NTRI)

NEW YORK ( TheStreet) -- Shares of NutriSystem (Nasdaq: NTRI) were gapping down Tuesday morning with an open price 11.2% lower than Monday's closing price. The stock closed at $11.88 Monday and opened today's trading at $10.55.

The average volume for NutriSystem has been 599,300 shares per day over the past 30 days. NutriSystem has a market cap of $352.9 million and is part of the services sector and diversified services industry. Shares are down 8.1% year to date as of the close of trading on Monday.

Nutrisystem, Inc. provides weight management products and services in the United States. Its weight management program primarily consists of a pre-packaged food program, online tools, and counseling. The company has a P/E ratio of 15.3, below the average diversified services industry P/E ratio of 17.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NutriSystem as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full NutriSystem Ratings Report.

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