NEW YORK ( TheStreet) -- Shares of Volcom (Nasdaq: VLCM) were gapping up Monday morning with an open price 23.9% higher than Friday's closing price. The stock closed at $19.73 Friday and opened today's trading at $24.44. The average volume for Volcom has been 83,300 shares per day over the past 30 days. Volcom has a market cap of $477.3 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 4.6% year to date as of the close of trading on Friday. Volcom, Inc. designs, markets, and distributes clothing, footwear, accessories, and related products for young men and women primarily under the Volcom brand name in the United States and internationally. The company has a P/E ratio of 21.5, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17. TheStreet Ratings rates Volcom as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Volcom Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting UP to 95370 or select from multiple alert options.