Mad Catz Interactive Stock Gaps Up On Today's Open (MCZ)
Shares of Mad Catz Interactive (AMEX:MCZ) were gapping up Thursday morning with an open price 24.8% higher than Wednesday closing price. The stock closed at $1.21 yesterday and opened today's trading at $1.51.
NEW YORK ( TheStreet) -- Shares of Mad Catz Interactive (AMEX: MCZ) were gapping up Thursday morning with an open price 24.8% higher than Wednesday's closing price. The stock closed at $1.21 Wednesday and opened today's trading at $1.51. The average volume for Mad Catz Interactive has been 1.1 million shares per day over the past 30 days. Mad Catz Interactive has a market cap of $61.7 million and is part of the consumer goods sector and consumer durables industry. Mad Catz Interactive, Inc. engages in the design, manufacture, marketing, and distribution of accessories for videogame platforms, the personal computers (PC), and iPod and other audio devices. The company has a P/E ratio of 9.3, below the average consumer durables industry P/E ratio of 11.2 and below the S&P 500 P/E ratio of 23.5. TheStreet Ratings rates Mad Catz Interactive as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and poor profit margins. You can view the full Mad Catz Interactive Ratings Report.