NEW YORK ( TheStreet) -- Shares of Computer Programs and Systems (Nasdaq: CPSI) were gapping up Friday morning with an open price 10.1% higher than Thursday's closing price. The stock closed at $62.49 Thursday and opened today's trading at $68.82.

The average volume for Computer Programs and Systems has been 81,100 shares per day over the past 30 days. Computer Programs and Systems has a market cap of $676.2 million and is part of the technology sector and computer software & services industry. Shares are up 33.4% year to date as of the close of trading on Thursday.

Computer Programs and Systems, Inc., a healthcare information technology company, designs, develops, markets, installs, and supports computerized information technology systems to small and midsize hospitals in the United States. The company has a P/E ratio of 31.7, above the average computer software & services industry P/E ratio of 31.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Computer Programs and Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. 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 Computer Programs and Systems Ratings Report.

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