NEW YORK ( TheStreet) -- Shares of Gerber Scientific (NYSE: GRB) have taken a tremendous swing upward. The stock is trading at $9.47 as of 9:56 a.m. ET, 20.9% above Wednesday's closing price of $7.83. Volume is at 27,319, 0.4 times the daily average of 61,900. Gerber Scientific has a market cap of $199.1 million and is part of the industrial goods sector and industrial industry. Shares are down 0.5% year to date as of the close of trading on Wednesday. Gerber Scientific, Inc., through its subsidiaries, develops, manufactures, distributes, and services integrated automation equipment and software worldwide. TheStreet Ratings rates Gerber Scientific as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Gerber Scientific Ratings Report. See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.
Gerber Scientific (NYSE:GRB) hit a new 52-week high Friday as it is currently trading at $11.18, above its previous 52-week high of $11.15 with 9,721 shares traded as of 10:16 a.m. ET. Average volume has been 492,800 shares over the past 30 days.
Shares of Gerber Scientific (NYSE:GRB) have taken a tremendous swing upward. The stock is trading at $10.87 as of 9:31 a.m. ET, 33.9% above Friday's closing price of $8.12. Volume is at 11.6 million, 217.1 times the daily average of 53,200.