Rimage Stock Gaps Down On Today's Open (RIMG)

NEW YORK (TheStreet) -- Shares of Rimage Corporation (Nasdaq:RIMG) were gapping down Monday morning with an open price 14.6% lower than Friday's closing price. The stock closed at $13.18 Friday and opened today's trading at $11.25.

The average volume for Rimage has been 45,800 shares per day over the past 30 days. Rimage has a market cap of $132.4 million and is part of the technology sector and computer hardware industry. Shares are up 17.2% year to date as of the close of trading on Friday.

Rimage Corporation provides workflow-integrated digital publishing systems that are used by businesses to produce recordable CD, DVD, and blu-ray discs with customized content and durable disc labeling. The company has a P/E ratio of 18.2, above the average computer hardware industry P/E ratio of 18.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Rimage as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full Rimage Ratings Report.

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