NEW YORK ( TheStreet) -- Shares of Orbotech (Nasdaq: ORBK) were gapping up Monday morning with an open price 10.2% higher than Friday's closing price. The stock closed at $11.23 Friday and opened today's trading at $12.38.

The average volume for Orbotech has been 191,600 shares per day over the past 30 days. Orbotech has a market cap of $395.7 million and is part of the technology sector and electronics industry. Shares are down 14.1% year to date as of the close of trading on Friday.

Orbotech Ltd. engages in the design, development, manufacture, marketing, and service of yield-enhancing and production solutions for specialized applications in the supply chain of the electronics industry. The company has a P/E ratio of 5.9, below the average electronics industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Orbotech as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Orbotech Ratings Report.

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