NEW YORK (
) -- Shares of
) were gapping up Thursday morning with an open price 12.8% higher than Wednesday's closing price. The stock closed at $7.91 Wednesday and opened today's trading at $8.92.
The average volume for Datalink has been 159,100 shares per day over the past 30 days. Datalink has a market cap of $128.6 million and is part of the
industry. Shares are up 69.4% year to date as of the close of trading on Wednesday.
Datalink Corporation engages in the design, installation, and support of data center solutions to mid and large-size companies. It offers a suite of practice-specific analysis, design, implementation, management, and support services. The company has a P/E ratio of 20.2, 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 Datalink as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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