NEW YORK ( TheStreet) -- Shares of OCZ Technology Group (Nasdaq: OCZ) were gapping up Thursday morning with an open price 10.8% higher than Wednesday's closing price. The stock closed at $8.34 Wednesday and opened today's trading at $9.24.

The average volume for OCZ Technology Group has been 2.8 million shares per day over the past 30 days. OCZ Technology Group has a market cap of $420.8 million and is part of the technology sector and computer hardware industry. Shares are up 73% year to date as of the close of trading on Wednesday.

OCZ Technology Group, Inc. designs, develops, manufactures, and distributes computer components for computing devices and systems worldwide.

TheStreet Ratings rates OCZ Technology Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and poor profit margins. You can view the full OCZ Technology Group Ratings Report.

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