Shutterfly Stock Gaps Up On Today's Open (SFLY)

NEW YORK ( TheStreet) -- Shares of Shutterfly (Nasdaq: SFLY) were gapping up Friday morning with an open price 12.7% higher than Thursday's closing price. The stock closed at $26.91 Thursday and opened today's trading at $30.33.

The average volume for Shutterfly has been 1.6 million shares per day over the past 30 days. Shutterfly has a market cap of $821.9 million and is part of the technology sector and internet industry. Shares are up 18.2% year to date as of the close of trading on Thursday.

Shutterfly, Inc. provides an Internet-based social expression and personal publishing service that enables consumers to share, print, and preserve their digital photos through the medium of photography in the United States. The company has a P/E ratio of 68.4, above the average internet industry P/E ratio of 48.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Shutterfly as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and disappointing return on equity. You can view the full Shutterfly Ratings Report.

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