Avon Stock Gaps Up On Today's Open (AVP)

NEW YORK ( TheStreet) -- Shares of Avon Products (NYSE: AVP) were gapping up Monday morning with an open price 19.6% higher than Friday's closing price. The stock closed at $19.36 Friday and opened today's trading at $23.16.

The average volume for Avon has been six million shares per day over the past 30 days. Avon has a market cap of $7.89 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 10.8% year to date as of the close of trading on Friday.

Avon Products, Inc. manufactures and markets beauty and related products worldwide. The company has a P/E ratio of 16, above the average consumer non-durables industry P/E ratio of 10.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Avon as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Avon Ratings Report.

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