Shares of Travelzoo (Nasdaq:TZOO) were gapping up Wednesday morning with an open price 26.1% higher than Tuesday's closing price. The stock closed at $21.06 yesterday and opened today's trading at $26.55.
NEW YORK ( TheStreet) -- Shares of Travelzoo (Nasdaq: TZOO) were gapping up Wednesday morning with an open price 26.1% higher than Tuesday's closing price. The stock closed at $21.06 Tuesday and opened today's trading at $26.55. The average volume for Travelzoo has been 526,100 shares per day over the past 30 days. Travelzoo has a market cap of $341.7 million and is part of the technology sector and internet industry. Shares are down 12.9% year to date as of the close of trading on Tuesday. Travelzoo Inc., an Internet media company, together with its subsidiaries, publishes travel and entertainment deals from travel and entertainment companies, and local businesses in North America and Europe. The company has a P/E ratio of 107.5, above the average internet industry P/E ratio of 107.1 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Travelzoo as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full Travelzoo 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.