Gaylord Entertainment Stock Gaps Up On Today's Open (GET)

NEW YORK ( TheStreet) -- Shares of Gaylord Entertainment (NYSE: GET) were gapping up Thursday morning with an open price 11.2% higher than Wednesday's closing price. The stock closed at $34.48 Wednesday and opened today's trading at $38.33.

The average volume for Gaylord Entertainment has been 507,400 shares per day over the past 30 days. Gaylord Entertainment has a market cap of $1.71 billion and is part of the services sector and leisure industry. Shares are up 42.8% year to date as of the close of trading on Wednesday.

Gaylord Entertainment Company, through its subsidiaries, operates as a hospitality and entertainment company in the United States. The company primarily focuses on the large group meetings and conventions sector of the lodging market. The company has a P/E ratio of 94.6, below the average leisure industry P/E ratio of 97.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Gaylord Entertainment 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 revenue growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Gaylord Entertainment Ratings Report.

Get more investment ideas from our investment research center.

null

More from Markets

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Dow Drops Over 100 Points on Trade War Worries

Dow Drops Over 100 Points on Trade War Worries

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes