NEW YORK (

TheStreet

) -- Shares of

Parexel International Corporation

(Nasdaq:

PRXL

) were gapping up Tuesday morning with an open price 14.7% higher than Monday's closing price. The stock closed at $20.46 Monday and opened today's trading at $23.46.

The average volume for Parexel International has been 415,700 shares per day over the past 30 days. Parexel International has a market cap of $1.24 billion and is part of the

health care

sector and

health services

industry. Shares are down 1.4% year to date as of the close of trading on Monday.

PAREXEL International Corporation, a biopharmaceutical services company, provides a range of clinical research, medical communications, consulting, commercialization, and technology products and services to the pharmaceutical, biotechnology, and medical device industries worldwide.

TheStreet Ratings rates Parexel International 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 and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Parexel International Ratings Report

.

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