Shares of Radisys Corporation (Nasdaq:RSYS) were gapping up Friday morning with an open price 21.9% higher than Thursday's closing price. The stock closed at $7.16 yesterday and opened today's trading at $8.73.
NEW YORK ( TheStreet) -- Shares of Radisys Corporation (Nasdaq: RSYS) were gapping up Friday morning with an open price 21.9% higher than Thursday's closing price. The stock closed at $7.16 Thursday and opened today's trading at $8.73. The average volume for Radisys has been 95,100 shares per day over the past 30 days. Radisys has a market cap of $181.8 million and is part of the technology sector and computer hardware industry. Shares are down 19.6% year to date as of the close of trading on Thursday. RadiSys Corporation develops, produces, and markets application-ready software and hardware platforms for use in the communications, multi-media, military and aerospace, and medical markets. TheStreet Ratings rates Radisys as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow. You can view the full Radisys 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.