NEW YORK ( TheStreet) -- Shares of DXP (Nasdaq: DXPE) were gapping up Thursday morning with an open price 17.4% higher than Wednesday's closing price. The stock closed at $19.88 Wednesday and opened today's trading at $23.33.

The average volume for DXP has been 51,100 shares per day over the past 30 days. DXP has a market cap of $276 million and is part of the services sector and wholesale industry. Shares are down 17.2% year to date as of the close of trading on Wednesday.

DXP Enterprises, Inc., together with its subsidiaries, distributes maintenance, repair, and operating (MRO) products, equipment, and services to industrial customers in the United States. The company operates in two segments, MRO and Electrical Contractor.

TheStreet Ratings rates DXP as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full DXP Ratings Report.

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