Intermec Stock Gaps Down On Today's Open (IN)

NEW YORK ( TheStreet) -- Shares of Intermec (NYSE: IN) were gapping down Wednesday morning with an open price 20.4% lower than Tuesday's closing price. The stock closed at $7.44 Tuesday and opened today's trading at $5.92.

The average volume for Intermec has been 238,900 shares per day over the past 30 days. Intermec has a market cap of $409.8 million and is part of the technology sector and computer hardware industry. Shares are up 8.5% year to date as of the close of trading on Tuesday.

Intermec, Inc. designs, develops, integrates, sells, and resells wired and wireless automated identification and data collection products and provides related services worldwide.

TheStreet Ratings rates Intermec as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Intermec Ratings Report.

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