Advanced Photonix Stock Soars (API)

NEW YORK (TheStreet) -- Shares of Advanced Photonix (AMEX:API) have taken a tremendous swing upward. The stock is trading at $1.15 as of 3:45 p.m. ET, 27.1% above Monday's closing price of 90 cents. Volume is at 80,646, 1.2 times the daily average of 64,700.

Advanced Photonix has a market cap of $30.8 million and is part of the technology sector and electronics industry. Shares are down 44.1% year to date as of the close of trading on Monday.

Advanced Photonix, Inc. engages in the development and manufacture of optoelectronic devices and sub-systems, and systems.

TheStreet Ratings rates Advanced Photonix as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Advanced Photonix Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.

Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting SOAR to 95370 or select from multiple alert options.

 

For more information on Advanced Photonix Inc. click any of the following:

• Advanced Photonix Inc. Stock Price

• Advanced Photonix Inc. Analyst Ratings

• Advanced Photonix Inc. Key Stats & Profile

• Advanced Photonix Inc. Earnings

• Advanced Photonix Inc. Ratio Comparison

• Advanced Photonix Inc. Growth Rates

• Advanced Photonix Inc. Balance Sheet

• Advanced Photonix Inc. Cash Flow

• Advanced Photonix Inc. Income Statement