NEW YORK ( TheStreet) -- Shares of Gerber Scientific (NYSE: GRB) have taken a tremendous swing upward. The stock is trading at $10.87 as of 9:31 a.m. ET, 33.9% above Friday's closing price of $8.12. Volume is at 11.6 million, 217.1 times the daily average of 53,200. Gerber Scientific has a market cap of $208.9 million and is part of the industrial goods sector and industrial industry. Shares are up 3.2% year to date as of the close of trading on Friday. Gerber Scientific, Inc., through its subsidiaries, develops, manufactures, distributes, and services integrated automation equipment and software worldwide. The company has a P/E ratio of 48.9, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Gerber Scientific as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Gerber Scientific Ratings Report. See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center. Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting SOAR to 95370 or select from multiple alert options.
Gerber Scientific (NYSE:GRB) hit a new 52-week high Friday as it is currently trading at $11.18, above its previous 52-week high of $11.15 with 9,721 shares traded as of 10:16 a.m. ET. Average volume has been 492,800 shares over the past 30 days.
Shares of Gerber Scientific (NYSE:GRB) have taken a tremendous swing upward. The stock is trading at $9.47 as of 9:56 a.m. ET, 20.9% above Wednesday's closing price of $7.83. Volume is at 27,319, 0.4 times the daily average of 61,900.