NEW YORK ( TheStreet) -- Shares of POZEN (Nasdaq: POZN) were gapping down Thursday morning with an open price 17.9% lower than Wednesday's closing price. The stock closed at $7.45 Wednesday and opened today's trading at $6.12.
The average volume for POZEN has been 561,400 shares per day over the past 30 days. POZEN has a market cap of $223.8 million and is part of the health care sector and drugs industry. Shares are up 88.6% year to date as of the close of trading on Wednesday. POZEN Inc., a pharmaceutical company, develops products for the treatment of acute and chronic pain, and other pain-related conditions in the United States. The company has a P/E ratio of 5.7, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates POZEN as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. You can view the full POZEN Ratings Report. Get more investment ideas from our investment research center.