Stratasys Stock Gaps Up On Today's Open (SSYS)

NEW YORK ( TheStreet) -- Shares of Stratasys (Nasdaq: SSYS) were gapping up Monday morning with an open price 14.8% higher than Friday's closing price. The stock closed at $35.98 Friday and opened today's trading at $41.29.

The average volume for Stratasys has been 165,500 shares per day over the past 30 days. Stratasys has a market cap of $747.4 million and is part of the technology sector and computer hardware industry. Shares are up 18.3% year to date as of the close of trading on Friday.

Stratasys, Inc., together with its subsidiaries, engages in the development, manufacture, marketing, and servicing of three-dimensional (3D) printers, rapid prototyping (RP) systems, and related consumable materials for office-based RP and direct digital manufacturing (DDM) markets. The company has a P/E ratio of 37.9, above the average computer hardware industry P/E ratio of 37 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Stratasys as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Stratasys Ratings Report.

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