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.

Get more investment ideas from our investment research center.
null

If you liked this article you might like

Ancestry.com Inc. Stock Upgraded (ACOM)

David Einhorn Trims Apple, Microsoft, Adds GM and Yahoo!

Stocks Race to Positive Finish

BP to Sell its Half of Joint Venture to Rosneft: Hot Trends

BP to Sell Its Stake in Joint Venture to Rosneft: Hot Trends