NEW YORK ( TheStreet) -- Shares of ValueClick (Nasdaq: VCLK) were gapping up Wednesday morning with an open price 13% higher than Tuesday's closing price. The stock closed at $14.80 Tuesday and opened today's trading at $16.72. The average volume for ValueClick has been 1.1 million shares per day over the past 30 days. ValueClick has a market cap of $1.2 billion and is part of the services sector and media industry.

ValueClick, Inc. provides online advertising campaigns and programs for advertisers and advertising agency customers in the United States and internationally. It operates in four segments: Media, Affiliate Marketing, Owned & Operated Websites, and Technology. The company has a P/E ratio of 16, above the average media industry P/E ratio of 14.3 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates ValueClick as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full ValueClick Ratings Report.

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