Shares of Twin Disc (Nasdaq:TWIN) were gapping up Tuesday morning with an open price 15.2% higher than Monday's closing price. The stock closed at $28.55 yesterday and opened today's trading at $32.88.
NEW YORK ( TheStreet) -- Shares of Twin Disc (Nasdaq: TWIN) were gapping up Tuesday morning with an open price 15.2% higher than Monday's closing price. The stock closed at $28.55 Monday and opened today's trading at $32.88. The average volume for Twin Disc has been 87,000 shares per day over the past 30 days. Twin Disc has a market cap of $315.1 million and is part of the industrial goods sector and industrial industry. Shares are down 7.6% year to date as of the close of trading on Monday. Twin Disc, Incorporated engages in the design, manufacture, and sale of marine and heavy duty off-highway power transmission equipment. The company has a P/E ratio of 16.8, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Twin Disc as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Twin Disc 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.
Looking at the universe of stocks we cover at Dividend Channel, on 2/11/15, Twin Disc Incorporated will trade ex-dividend, for its quarterly dividend of $0.09, payable on 3/2/15. As a percentage of TWIN's recent stock price of $19.63, this dividend works out to approximately 0.46%.