NEW YORK (

TheStreet

) -- Shares of

eResearch Technology

(Nasdaq:

ERT

) were gapping up Tuesday morning with an open price 15.1% higher than Monday's closing price. The stock closed at $4.91 Monday and opened today's trading at $5.65.

The average volume for eResearch Technology has been 135,600 shares per day over the past 30 days. eResearch Technology has a market cap of $271.3 million and is part of the

health care

sector and

health services

industry. Shares are down 33.2% year to date as of the close of trading on Monday.

eResearchTechnology, Inc., together with its subsidiaries, provides technological services and medical devices in North America and the United Kingdom. The company has a P/E ratio of 22.1, below the average health services industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.

TST Recommends

TheStreet Ratings rates eResearch Technology 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 compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full

eResearch Technology Ratings Report

.

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