NEW YORK (

TheStreet

) -- Shares of

SureWest Communications

(Nasdaq:

SURW

) were gapping up Tuesday morning with an open price 11.8% higher than Monday's closing price. The stock closed at $10.46 Monday and opened today's trading at $11.69.

The average volume for SureWest has been 61,500 shares per day over the past 30 days. SureWest has a market cap of $141 million and is part of the

technology

sector and

telecommunications

industry. Shares are down 2.2% year to date as of the close of trading on Monday.

SureWest Communications, through its subsidiaries, provides telecommunications, digital video, Internet, data, and other facilities-based communications services in northern California, the greater Kansas City, and Kansas and Missouri areas. The company has a P/E ratio of 45.5, below the average telecommunications industry P/E ratio of 47.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates SureWest as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full

SureWest Ratings Report

.

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