Diebold Stock Gaps Up On Today's Open (DBD)

NEW YORK ( TheStreet) -- Shares of Diebold Incorporated (NYSE: DBD) were gapping up Wednesday morning with an open price 10.5% higher than Tuesday's closing price. The stock closed at $38.43 Tuesday and opened today's trading at $42.47.

The average volume for Diebold has been 598,500 shares per day over the past 30 days. Diebold has a market cap of $2.39 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 27.8% year to date as of the close of trading on Tuesday.

Diebold, Incorporated provides integrated self-service delivery and security systems and services primarily to the financial, commercial, government, and retail markets worldwide. The company has a P/E ratio of 17, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Diebold as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Diebold Ratings Report.

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