AOL Stock Gaps Up On Today's Open (AOL)

NEW YORK ( TheStreet) -- Shares of AOL (NYSE: AOL) were gapping up Monday morning with an open price 34.9% higher than Thursday's closing price. The stock closed at $18.42 Thursday and opened today's trading at $24.85.

The average volume for AOL has been 1.4 million shares per day over the past 30 days. AOL has a market cap of $1.52 billion and is part of the technology sector and internet industry. Shares are up 22% year to date as of the close of trading on Thursday.

AOL Inc. operates as a Web services company that offers a suite of brands and offerings for the worldwide audience. Its business spans online content, products, and services for consumers, publishers, and advertisers. The company has a P/E ratio of 153.5, above the average internet industry P/E ratio of 29.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AOL as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and unimpressive growth in net income. You can view the full AOL 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.
null

If you liked this article you might like

Twitter Is Too Valuable to Not Be Acquired by Disney

Cramer: I Want to See Lower Prices From the 5% Dividend Yield Gang

Yahoo! CEO Mayer Not Joining New Leadership Team Under Verizon

Here's Who Killed It in October Dealmaking Advice

Media Consolidation Could be on Menu as Moguls Descend on Sun Valley for Allen Conference