Ancestry.com Stock Gaps Up On Today's Open (ACOM)

NEW YORK ( TheStreet) -- Shares of Ancestry.com (Nasdaq: ACOM) were gapping up Thursday morning with an open price 11.4% higher than Wednesday's closing price. The stock closed at $24.44 Wednesday and opened today's trading at $27.23.

The average volume for Ancestry.com has been 941,900 shares per day over the past 30 days. Ancestry.com has a market cap of $996.8 million and is part of the technology sector and internet industry. Shares are up 6.4% year to date as of the close of trading on Wednesday.

Ancestry.com Inc. operates as an online family history resource for subscribers worldwide. The company has a P/E ratio of 18.1, equal to the average internet industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ancestry.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Ancestry.com Ratings Report.

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