NEW YORK ( TheStreet) -- Shares of Identive Group (Nasdaq: INVE) have taken a tremendous swing upward. The stock is trading at $1.89 as of 10:33 a.m. ET, 21.1% above Monday's closing price of $1.56. Volume is at 683,056, 0.8 times the daily average of 895,500.

Identive Group has a market cap of $94.4 million and is part of the technology sector and computer hardware industry. Shares are down 36.9% year to date as of the close of trading on Monday.

Identive Group, Inc. provides products and solutions in the areas of physical and logical access control, identity management, and radio frequency identification (RFID) systems to governments, commercial and industrial enterprises, and consumers worldwide.

TheStreet Ratings rates Identive Group as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full Identive Group Ratings Report.

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