NEW YORK (

TheStreet

) -- Shares of

Interpublic Group of Companies

(NYSE:

IPG

) were gapping up Friday morning with an open price 10.3% higher than Thursday's closing price. The stock closed at $11.62 Thursday and opened today's trading at $12.82.

The average volume for Interpublic Group of Companies has been 5.7 million shares per day over the past 30 days. Interpublic Group of Companies has a market cap of $5.6 billion and is part of the

services

sector and

media

industry. Shares are up 9.4% year to date as of the close of trading on Thursday.

The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. The company has a P/E ratio of 16.2, below the average media industry P/E ratio of 32.9 and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Interpublic Group of Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Interpublic Group of Companies Ratings Report

.

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