NEW YORK ( TheStreet) -- Shares of Big five Sporting Goods Corporation (Nasdaq: BGFV) were gapping up Wednesday morning with an open price 17.7% higher than Tuesday's closing price. The stock closed at $7.35 Tuesday and opened today's trading at $8.65.

The average volume for Big five Sporting Goods has been 87,500 shares per day over the past 30 days. Big five Sporting Goods has a market cap of $170 million and is part of the services sector and specialty retail industry. Shares are down 51.9% year to date as of the close of trading on Tuesday.

Big five Sporting Goods Corporation, together with its subsidiaries, operates as a sporting goods retailer in the western United States. The company has a P/E ratio of 10, below the average specialty retail industry P/E ratio of 10.2 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Big five Sporting Goods as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Big five Sporting Goods 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.