GTSI Stock Soars (GTSI)

NEW YORK ( TheStreet) -- Shares of GTSI Corporation (Nasdaq: GTSI) have taken a tremendous swing upward. The stock is trading at $7.72 as of 9:30 a.m. ET, 47.3% above Friday's closing price of $5.24. Volume is at 86,253, 5.9 times the daily average of 14,600.

GTSI has a market cap of $51.5 million and is part of the services sector and wholesale industry. Shares are up 26% year to date as of the close of trading on Friday.

GTSI Corp., together with its subsidiaries, provides information technology (IT) hardware and solutions to federal, state, and local government customers, as well as to prime contractors in the United States. The company has a P/E ratio of 106, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates GTSI as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full GTSI Ratings Report.

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