NEW YORK ( TheStreet) -- Shares of Universal American Financial Corporation (NYSE: UAM) were gapping up Monday morning with an open price 17.3% higher than Friday's closing price. The stock closed at $9.26 Friday and opened today's trading at $10.86. The average volume for Universal American Financial has been 408,400 shares per day over the past 30 days. Universal American Financial has a market cap of $709.6 million and is part of the health care sector and health services industry. Shares are down 54.7% year to date as of the close of trading on Friday. Universal American Corp., together with its subsidiaries, provides health insurance and managed care products and services primarily to the senior population in the United States. The company has a P/E ratio of 5.2, above the average health services industry P/E ratio of 3.8 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Universal American Financial as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full Universal American Financial 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.