NEW YORK ( TheStreet) -- Shares of Harman International Industries (NYSE: HAR) were gapping up Friday morning with an open price 11% higher than Thursday's closing price. The stock closed at $35.67 Thursday and opened today's trading at $39.60. The average volume for Harman International has been 1.1 million shares per day over the past 30 days. Harman International has a market cap of $2.5 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 23% year to date as of the close of trading on Thursday. Harman International Industries, Incorporated engages in the development, manufacture, and marketing of audio products and electronic systems primarily in the United States, Germany, and other parts of Europe. The company has a P/E ratio of 18.7, equal to the average consumer durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Harman International 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 reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. You can view the full Harman International 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.