Expedia Stock Soars (EXPE)

NEW YORK ( TheStreet) -- Shares of Expedia (Nasdaq: EXPE) have taken a tremendous swing upward. The stock is trading at $39.54 as of 9:30 a.m. ET, 21.2% above Thursday's closing price of $32.63. Volume is at 677,034, 0.2 times the daily average of 3.6 million.

Expedia has a market cap of $3.91 billion and is part of the services sector and leisure industry. Shares are up 14.8% year to date as of the close of trading on Thursday.

Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The company has a P/E ratio of 17.1, above the average leisure industry P/E ratio of 13.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Expedia as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Expedia Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.
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