Green Mountain Coffee Roasters Stock Gaps Up On Today's Open (GMCR)
Shares of Green Mountain Coffee Roasters (Nasdaq:GMCR) were gapping up Thursday morning with an open price 12.8% higher than Wednesday's closing price. The stock closed at $17.91 yesterday and opened today's trading at $20.20.
NEW YORK ( TheStreet) -- Shares of Green Mountain Coffee Roasters (Nasdaq: GMCR) were gapping up Thursday morning with an open price 12.8% higher than Wednesday's closing price. The stock closed at $17.91 Wednesday and opened today's trading at $20.20.
The average volume for Green Mountain Coffee Roasters has been 6.2 million shares per day over the past 30 days. Green Mountain Coffee Roasters has a market cap of $2.84 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 59.3% year to date as of the close of trading on Wednesday. Green Mountain Coffee Roasters, Inc. engages in the specialty coffee and coffee maker business. The company has a P/E ratio of 8.7, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Green Mountain Coffee Roasters as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Green Mountain Coffee Roasters Ratings Report. Get more investment ideas from our investment research center.