Shares of RightNow Technologies (Nasdaq:RNOW) were gapping up Monday morning with an open price 18.9% higher than Friday's closing price. The stock closed at $35.96 yesterday and opened today's trading at $42.75.
NEW YORK ( TheStreet) -- Shares of RightNow Technologies (Nasdaq: RNOW) were gapping up Monday morning with an open price 18.9% higher than Friday's closing price. The stock closed at $35.96 Friday and opened today's trading at $42.75. The average volume for RightNow has been 634,700 shares per day over the past 30 days. RightNow has a market cap of $1.2 billion and is part of the technology sector and computer software & services industry. Shares are up 51.9% year to date as of the close of trading on Friday. Rightnow Technologies, Inc. provides cloud-based customer experience software products and services. The company primarily offers RightNow CX, a customer experience suite for consumer-centric organizations to enable interactions across Web, social, and contact center touch points. The company has a P/E ratio of 44, above the average computer software & services industry P/E ratio of 43.5 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates RightNow as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full RightNow 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.