NEW YORK ( TheStreet) -- Shares of Talbots (NYSE: TLB) were gapping down Friday morning with an open price 28.9% lower than Thursday's closing price. The stock closed at $2.56 Thursday and opened today's trading at $1.82. The average volume for Talbots has been 892,800 shares per day over the past 30 days. Talbots has a market cap of $163.2 million and is part of the services sector and retail industry. Shares are down 3.8% year to date as of the close of trading on Thursday. The Talbots, Inc., together with its subsidiaries, operates as a specialty retailer and direct marketer of women's apparel, accessories, and shoes in the United States and Canada. TheStreet Ratings rates Talbots as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full Talbots Ratings Report. Get more investment ideas from our investment research center.