EasyLink Services International Stock Gaps Up On Today's Open (ESIC)

NEW YORK ( TheStreet) -- Shares of EasyLink Services International Corporation (Nasdaq: ESIC) were gapping up Wednesday morning with an open price 12.6% higher than Tuesday's closing price. The stock closed at $6.36 Tuesday and opened today's trading at $7.16.

The average volume for EasyLink Services International has been 164,300 shares per day over the past 30 days. EasyLink Services International has a market cap of $188.8 million and is part of the technology sector and internet industry. Shares are up 59.8% year to date as of the close of trading on Tuesday.

EasyLink Services International Corporation provides communication applications that enable enterprises to communicate with their customers, trading partners, and other third parties. The company has a P/E ratio of 6.6, below the average internet industry P/E ratio of seven and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates EasyLink Services International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full EasyLink Services International Ratings Report.

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