Semiconductor Manufacturing International C Stock Gaps Up On Today's Open (SMI)

NEW YORK ( TheStreet) -- Shares of Semiconductor Manufacturing International C (NYSE: SMI) were gapping up Tuesday morning with an open price 11.8% higher than Monday's closing price. The stock closed at $4.34 Monday and opened today's trading at $4.85.

The average volume for Semiconductor Manufacturing International C has been 209,800 shares per day over the past 30 days. Semiconductor Manufacturing International C has a market cap of $2.4 billion and is part of the technology sector and electronics industry. Shares are up 18.6% year to date as of the close of trading on Monday.

Semiconductor Manufacturing International Corporation, together with its subsidiaries, engages in designing, manufacturing, and trading integrated circuits.

TheStreet Ratings rates Semiconductor Manufacturing International C as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Semiconductor Manufacturing International C Ratings Report.

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