NEW YORK ( TheStreet) -- Shares of Entropic Communications (Nasdaq: ENTR) were gapping down Wednesday morning with an open price 13.1% lower than Tuesday's closing price. The stock closed at $4.75 Tuesday and opened today's trading at $4.13. The average volume for Entropic has been 1.2 million shares per day over the past 30 days. Entropic has a market cap of $405.1 million and is part of the technology sector and electronics industry. Shares are down 7% year to date as of the close of trading on Tuesday. Entropic Communications, Inc. designs, develops, and markets systems solutions to enable connected home entertainment in the United States and internationally. The company has a P/E ratio of 15.4, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Entropic as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Entropic Ratings Report. Get more investment ideas from our investment research center.