Shares of Quepasa Corporation (AMEX:QPSA) were gapping up Tuesday morning with an open price 13.6% higher than Monday's closing price. The stock closed at $6.11 yesterday and opened today's trading at $6.94.
NEW YORK ( TheStreet) -- Shares of Quepasa Corporation (AMEX: QPSA) were gapping up Tuesday morning with an open price 13.6% higher than Monday's closing price. The stock closed at $6.11 Monday and opened today's trading at $6.94. The average volume for Quepasa has been 911,200 shares per day over the past 30 days. Quepasa has a market cap of $106.6 million and is part of the technology sector and internet industry. Shares are down 47.8% year to date as of the close of trading on Monday. Quepasa Corp., through its Web site, Quepasa.com, operates as an online social community for young Hispanics. TheStreet Ratings rates Quepasa as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Quepasa 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.
Quepasa Corporation (AMEX:QPSA) hit a new 52-week low Friday as it is currently trading at $3.52, below its previous 52-week low of $3.54 with 99,631 shares traded as of 3:40 p.m. ET. Average volume has been 702,600 shares over the past 30 days.