NEW YORK ( TheStreet) -- Shares of Avon Products (NYSE: AVP) were gapping down Tuesday morning with an open price 12.7% lower than Monday's closing price. The stock closed at $20.73 Monday and opened today's trading at $18.10. The average volume for Avon has been 8.7 million shares per day over the past 30 days. Avon has a market cap of $8.72 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 20% year to date as of the close of trading on Monday. Avon Products, Inc. manufactures and markets beauty and related products worldwide. The company has a P/E ratio of 22.2, equal to the average consumer non-durables industry P/E ratio and above 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 reasonable valuation levels and expanding profit margins. 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 generally poor debt management. You can view the full Avon Ratings Report. Get more investment ideas from our investment research center.