Web.com Group Stock Gaps Up On Today's Open (WWWW)
Shares of Web.com Group (Nasdaq:WWWW) were gapping up Wednesday morning with an open price 17.5% higher than Tuesday closing price. The stock closed at $9.87 yesterday and opened today's trading at $11.60.
NEW YORK ( TheStreet) -- Shares of Web.com Group (Nasdaq: WWWW) were gapping up Wednesday morning with an open price 17.5% higher than Tuesday's closing price. The stock closed at $9.87 Tuesday and opened today's trading at $11.60. The average volume for Web.com Group has been 293,900 shares per day over the past 30 days. Web.com Group has a market cap of $267.2 million and is part of the technology sector and internet industry. Web.com Group, Inc. provides Website building tools, online marketing, lead generation, ecommerce, and technology solutions that enable small and medium-sized businesses to build and maintain their online presence. The company has a P/E ratio of 22.6, below the average internet industry P/E ratio of 23.1 and below the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Web.com Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and generally poor debt management. You can view the full Web.com Group Ratings Report.