Soaring Stocks: Today's Top Morning Movers
NEW YORK (TheStreet Wire) -- The energy sector led soaring stocks, new 52-week highs and those that are gapping higher in the U.S. markets this morning. The following are highlights of the morning movers.
SolarWinds Reaches New 52-Week High (SWI)NEW YORK ( TheStreet) -- SolarWinds (NYSE: SWI) hit a new 52-week high Tuesday as it is currently trading at $25.26, above its previous 52-week high of $24.95 with 130,200 shares traded as of 9:42 a.m. ET. Average volume has been 582,900 shares over the past 30 days. SolarWinds has a market cap of $1.7 billion and is part of the technology sector and computer software & services industry. Shares are up 27% year to date as of the close of trading on Monday. SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software to IT professionals. The company has a P/E ratio of 36.8, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates SolarWinds as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full SolarWinds Ratings Report.
Houston American Energy Stock Gaps Up On Today's Open (HUSA)NEW YORK ( TheStreet) -- Shares of Houston American Energy Corporation (AMEX: HUSA) were gapping up Tuesday morning with an open price 12.8% higher than Monday's closing price. The stock closed at $16.07 Monday and opened today's trading at $18.13. The average volume for Houston American Energy has been 142,200 shares per day over the past 30 days. Houston American Energy has a market cap of $537.1 million and is part of the basic materials sector and energy industry. Shares are down 11.2% year to date as of the close of trading on Monday. Houston American Energy Corp. engages in the exploration, development, and production of natural gas, crude oil, and condensate. It primarily focuses on properties located in the U.S. The company has a P/E ratio of 29.3, above the average energy industry P/E ratio of 28.8 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Houston American Energy as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts