Web.com Group Stock Gaps Up On Today's Open (WWWW)
Shares of Web.com Group (Nasdaq:WWWW) were gapping up Wednesday morning with an open price 12.8% higher than Tuesday's closing price. The stock closed at $12.86 yesterday and opened today's trading at $14.50.
NEW YORK ( TheStreet) -- Shares of Web.com Group (Nasdaq: WWWW) were gapping up Wednesday morning with an open price 12.8% higher than Tuesday's closing price. The stock closed at $12.86 Tuesday and opened today's trading at $14.50. The average volume for Web.com Group has been 255,700 shares per day over the past 30 days. Web.com Group has a market cap of $628.1 million and is part of the technology sector and internet industry. Shares are up 12.3% year to date as of the close of trading on Tuesday. Web.com Group, Inc. provides Internet services for small- to medium-sized businesses (SMBs) in North America, South America, and the United Kingdom. TheStreet Ratings rates Web.com Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Web.com Group Ratings Report. Get more investment ideas from our investment research center.