NEW YORK (

TheStreet

) -- Shares of

JDA Software Group

(Nasdaq:

JDAS

) were gapping up Friday morning with an open price 19.3% higher than Thursday's closing price. The stock closed at $28.49 Thursday and opened today's trading at $33.98.

The average volume for JDA Software Group has been 248,400 shares per day over the past 30 days. JDA Software Group has a market cap of $1.1 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 1.8% year to date as of the close of trading on Thursday.

JDA Software Group, Inc. provides enterprise software solutions to enable planning, optimization, and execution of merchandising and supply chain processes primarily in the Americas, Europe, and the Asia Pacific. The company has a P/E ratio of 16.5, above the average computer software & services industry P/E ratio of 16.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates JDA Software Group as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

JDA Software Group Ratings Report

.

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