NEW YORK ( TheStreet) -- Shares of SuccessFactors (Nasdaq: SFSF) were gapping up Thursday morning with an open price 10.2% higher than Wednesday's closing price. The stock closed at $30.10 Wednesday and opened today's trading at $33.17. The average volume for SuccessFactors has been 979,900 shares per day over the past 30 days. SuccessFactors has a market cap of $2.4 billion and is part of the technology sector and computer software & services industry.

SuccessFactors, Inc. provides cloud-based business execution software solutions that enable organizations to bridge the gap between business strategy and results worldwide.

TheStreet Ratings rates SuccessFactors as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full SuccessFactors Ratings Report.
null

If you liked this article you might like

Oracle Snaps Up Taleo For $1.9 Billion

Goldman Sachs' Top Tech Stocks for 2012

Goldman Sachs' Top Tech Stocks for 2012

Hot IPOs: Jive Software, Michael Kors

Hot IPOs: Jive Software, Michael Kors

IBM Pays More Than SAP and Oracle for Cloud Growth (Update 1)

Stocks Rise Despite S&P's Europe Warning Worries