NEW YORK ( TheStreet) -- Shares of OYO Geospace Corporation (Nasdaq: OYOG) were gapping up Friday morning with an open price 10.9% higher than Thursday's closing price. The stock closed at $87.05 Thursday and opened today's trading at $96.50.

The average volume for OYO Geospace has been 50,000 shares per day over the past 30 days. OYO Geospace has a market cap of $519.9 million and is part of the technology sector and electronics industry. Shares are down 12.2% year to date as of the close of trading on Thursday.

OYO Geospace Corporation designs and manufactures instruments and equipment used in the acquisition and processing of seismic data, as well as in the characterization and monitoring of producing oil and gas reservoirs. The company has a P/E ratio of 25, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 16.9.

TheStreet Ratings rates OYO Geospace as a buy. 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, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full OYO Geospace Ratings Report.

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