BioScrip Stock Gaps Up On Today's Open (BIOS)

NEW YORK ( TheStreet) -- Shares of BioScrip (Nasdaq: BIOS) were gapping up Thursday morning with an open price 17.3% higher than Wednesday's closing price. The stock closed at $5.84 Wednesday and opened today's trading at $6.85.

The average volume for BioScrip has been 307,000 shares per day over the past 30 days. BioScrip has a market cap of $311.2 million and is part of the services sector and retail industry. Shares are up 7% year to date as of the close of trading on Wednesday.

BioScrip, Inc. provides pharmacy and home health services in the United States. It operates in two segments, Infusion/Home Health Services and Pharmacy Services.

TheStreet Ratings rates BioScrip as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full BioScrip Ratings Report.

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