NEW YORK (

TheStreet

) -- Shares of

Universal Health Services

(NYSE:

UHS

) were gapping up Wednesday morning with an open price 13.7% higher than Tuesday's closing price. The stock closed at $49.17 Tuesday and opened today's trading at $55.90.

The average volume for Universal Health Services has been 1.1 million shares per day over the past 30 days. Universal Health Services has a market cap of $4.3 billion and is part of the

health care

sector and

health services

industry. Shares are up 13.2% year to date as of the close of trading on Tuesday.

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The company has a P/E ratio of 20.5, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16.7.

TheStreet Recommends

TheStreet Ratings rates Universal Health Services as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Universal Health Services Ratings Report

.

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