NEW YORK (
) -- Shares of
) were gapping up Friday morning with an open price 13.7% higher than Thursday's closing price. The stock closed at $38.28 Thursday and opened today's trading at $43.54.
The average volume for Informatica has been 1.6 million shares per day over the past 30 days. Informatica has a market cap of $4.2 billion and is part of the
industry. Shares are up 3.7% year to date as of the close of trading on Thursday.
Informatica Corporation provides enterprise data integration and data quality software and services worldwide. Its software solutions include a set of technologies that enable various enterprise-wide data integration initiatives. The company has a P/E ratio of 39.2, below the average computer software & services industry P/E ratio of 39.5 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Informatica as a
. 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, reasonable valuation levels, growth in earnings per share and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full
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