National Bank Of Greece Stock Gaps Down On Today's Open (NBG)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Shares of National Bank of Greece (NYSE: NBG) were gapping down Thursday morning with an open price 53.3% lower than Wednesday's closing price. The stock closed at $12.20 Wednesday and opened today's trading at $5.70.

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The average volume for National Bank of Greece has been 7.8 million shares per day over the past 30 days. National Bank of Greece has a market cap of $1.17 billion and is part of the financial sector and banking industry. Shares are down 31.8% year to date as of the close of trading on Wednesday.

National Bank of Greece S.A., together with its subsidiaries, provides diversified financial services primarily in Greece.

TheStreet Ratings rates National Bank of Greece as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full National Bank of Greece Ratings Report.

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