Advanced Photonix Stock Gaps Up On Today's Open (API)
Shares of Advanced Photonix (AMEX:API) were gapping up Friday morning with an open price 10.5% higher than Thursday's closing price. The stock closed at $2 yesterday and opened today's trading at $2.21.
NEW YORK ( TheStreet) -- Shares of Advanced Photonix (AMEX: API) were gapping up Friday morning with an open price 10.5% higher than Thursday's closing price. The stock closed at $2 Thursday and opened today's trading at $2.21. The average volume for Advanced Photonix has been 334,900 shares per day over the past 30 days. Advanced Photonix has a market cap of $58 million and is part of the technology sector and electronics industry. Shares are up 23.5% year to date as of the close of trading on Thursday. Advanced Photonix, Inc. engages in the development and manufacture of optoelectronic devices and sub-systems, and systems. TheStreet Ratings rates Advanced Photonix as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. 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 Advanced Photonix Ratings Report. Get more investment ideas from our investment research center.