NEW YORK (
) -- Shares of
Park-Ohio Holdings Corporation
) were gapping up Tuesday morning with an open price 11.7% higher than Monday's closing price. The stock closed at $20.01 Monday and opened today's trading at $22.35.
The average volume for Park-Ohio has been 42,500 shares per day over the past 30 days. Park-Ohio has a market cap of $229.1 million and is part of the
industry. Shares are down 4.3% year to date as of the previous trading day's close.
Park-Ohio Holdings Corp., through its subsidiaries, operates as an industrial supply chain logistics and diversified manufacturing company in the United States, Asia, Canada, Mexico, and Europe. The company has a P/E ratio of 15, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
TheStreet Ratings rates Park-Ohio as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full
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