Electronics For Imaging Stock Gaps Up On Today's Open (EFII)
Shares of Electronics for Imaging (Nasdaq:EFII) were gapping up Friday morning with an open price 10.2% higher than Thursday's closing price. The stock closed at $17.24 yesterday and opened today's trading at $18.99.
NEW YORK ( TheStreet) -- Shares of Electronics for Imaging (Nasdaq: EFII) were gapping up Friday morning with an open price 10.2% higher than Thursday's closing price. The stock closed at $17.24 Thursday and opened today's trading at $18.99. The average volume for Electronics for Imaging has been 196,000 shares per day over the past 30 days. Electronics for Imaging has a market cap of $799 million and is part of the technology sector and computer hardware industry. Shares are up 22.2% year to date as of the close of trading on Thursday. Electronics For Imaging, Inc. provides color digital print controllers, digital inkjet printers, and business process automation solutions. The company has a P/E ratio of 30, above the average computer hardware industry P/E ratio of 29.7 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Electronics for Imaging as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Electronics for Imaging Ratings Report. Get more investment ideas from our investment research center.