Jakks Pacific Stock Gaps Up On Today's Open (JAKK)
Shares of Jakks Pacific Incorporated (Nasdaq:JAKK) were gapping up Monday morning with an open price 10.9% higher than Friday's closing price. The stock closed at $17.49 yesterday and opened today's trading at $19.39.
NEW YORK ( TheStreet) -- Shares of Jakks Pacific Incorporated (Nasdaq: JAKK) were gapping up Monday morning with an open price 10.9% higher than Friday's closing price. The stock closed at $17.49 Friday and opened today's trading at $19.39. The average volume for Jakks Pacific has been 170,100 shares per day over the past 30 days. Jakks Pacific has a market cap of $451.4 million and is part of the consumer goods sector and consumer durables industry. Shares are up 22.4% year to date as of the close of trading on Friday. JAKKS Pacific, Inc. designs, produces, and sells toys and consumer products in the United States and internationally. The company has a P/E ratio of 191.9, above the average consumer durables industry P/E ratio of 54.2 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Jakks Pacific as a hold. The company's strengths can be seen in multiple areas, such as its 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 deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Jakks Pacific Ratings Report. Get more investment ideas from our investment research center.