Insight Stock Gaps Up On Today's Open (NSIT)

NEW YORK ( TheStreet) -- Shares of Insight (Nasdaq: NSIT) were gapping up Tuesday morning with an open price 15.3% higher than Monday's closing price. The stock closed at $18.97 Monday and opened today's trading at $21.88.

The average volume for Insight has been 220,400 shares per day over the past 30 days. Insight has a market cap of $804.2 million and is part of the technology sector and computer software & services industry. Shares are up 24.1% year to date as of the close of trading on Monday.

Insight Enterprises, Inc. provides information technology (IT) hardware, software, and service solutions to businesses and public sector clients. Its solutions help companies design, enable, manage, and secure their IT environments. The company has a P/E ratio of 9.5, above the average computer software & services industry P/E ratio of 9.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Insight as a buy. 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, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Insight Ratings Report.

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