NEW YORK ( TheStreet) -- Shares of Orthovita (Nasdaq: VITA) were gapping up Friday morning with an open price 25.9% higher than Thursday's closing price. The stock closed at $2.20 Thursday and opened today's trading at $2.77. The average volume for Orthovita has been 394,000 shares per day over the past 30 days. Orthovita has a market cap of $163.7 million and is part of the health care sector and health services industry. Orthovita, Inc., a specialty spine and orthopedic company, develops and markets orthobiologic and biosurgery products. TheStreet Ratings rates Orthovita as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Orthovita Ratings Report.
Orthovita (Nasdaq:VITA) hit a new 52-week high Monday as it is currently trading at $3.88, above its previous 52-week high of $3.87 with 858,159 shares traded as of 3:58 p.m. ET. Average volume has been two million shares over the past 30 days.