RadioShack Stock Gaps Down On Today's Open (RSH)

NEW YORK ( TheStreet) -- Shares of RadioShack (NYSE: RSH) were gapping down Tuesday morning with an open price 10.7% lower than Monday's closing price. The stock closed at $5.97 Monday and opened today's trading at $5.33.

The average volume for RadioShack has been 5.3 million shares per day over the past 30 days. RadioShack has a market cap of $601.9 million and is part of the services sector and retail industry. Shares are down 38.5% year to date as of the close of trading on Monday.

RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain. The company's mobility platform offers postpaid and prepaid wireless handsets, prepaid wireless airtime, tablet devices, and e-readers. The company has a P/E ratio of 8.9, above the average retail industry P/E ratio of 8.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates RadioShack as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full RadioShack Ratings Report.

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