Ancestry.com Stock Gaps Down On Today's Open (ACOM)
Shares of Ancestry.com (Nasdaq:ACOM) were gapping down Monday morning with an open price 17.2% lower than Friday's closing price. The stock closed at $26.16 yesterday and opened today's trading at $21.67.
NEW YORK ( TheStreet) -- Shares of Ancestry.com (Nasdaq: ACOM) were gapping down Monday morning with an open price 17.2% lower than Friday's closing price. The stock closed at $26.16 Friday and opened today's trading at $21.67. The average volume for Ancestry.com has been 983,800 shares per day over the past 30 days. Ancestry.com has a market cap of $1.11 billion and is part of the technology sector and internet industry. Shares are up 13.9% year to date as of the close of trading on Friday. Ancestry.com Inc. operates as an online family history resource for subscribers worldwide. The company has a P/E ratio of 18.7, above the average internet industry P/E ratio of 18.3 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Ancestry.com as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and robust revenue growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Ancestry.com Ratings Report. Get more investment ideas from our investment research center.