DigitalGlobe Stock Gaps Up On Today's Open (DGI)

NEW YORK ( TheStreet) -- Shares of DigitalGlobe (NYSE: DGI) were gapping up Friday morning with an open price 18.3% higher than Thursday's closing price. The stock closed at $13.52 Thursday and opened today's trading at $15.99.

The average volume for DigitalGlobe has been 529,400 shares per day over the past 30 days. DigitalGlobe has a market cap of $632.5 million and is part of the technology sector and computer software & services industry. Shares are down 21% year to date as of the close of trading on Thursday.

DigitalGlobe, Inc. provides commercial earth imagery products and information services worldwide. It collects imagery products and services through its QuickBird, WorldView-1, and WorldView-2 satellites, as well as aerial and satellite imagery from third party suppliers.

TheStreet Ratings rates DigitalGlobe as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full DigitalGlobe Ratings Report.

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