Mad Catz Interactive Stock Gaps Up On Today's Open (MCZ)
Shares of Mad Catz Interactive (AMEX:MCZ) were gapping up Monday morning with an open price 37.1% higher than Friday's closing price. The stock closed at 70 cents yesterday and opened today's trading at 96 cents.
NEW YORK ( TheStreet) -- Shares of Mad Catz Interactive (AMEX: MCZ) were gapping up Monday morning with an open price 37.1% higher than Friday's closing price. The stock closed at 70 cents Friday and opened today's trading at 96 cents. The average volume for Mad Catz Interactive has been one million shares per day over the past 30 days. Mad Catz Interactive has a market cap of $46.5 million and is part of the technology sector and computer hardware industry. Shares are down 31.3% year to date as of the close of trading on Friday. Mad Catz Interactive, Inc. designs, manufactures, markets, sells, and distributes accessories for videogame platforms and personal computers (PC), as well as for iPod and other audio devices. The company has a P/E ratio of 4.6, below the average computer hardware industry P/E ratio of 5.6 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Mad Catz Interactive as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally poor debt management. You can view the full Mad Catz Interactive 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.