IHS Stock Gaps Up On Today's Open (IHS)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Shares of IHS (NYSE: IHS) were gapping up Tuesday morning with an open price 12.2% higher than Monday's closing price. The stock closed at $96.90 Monday and opened today's trading at $108.70.

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The average volume for IHS has been 463,000 shares per day over the past 30 days. IHS has a market cap of $6.52 billion and is part of the technology sector and computer software & services industry. Shares are up 2.9% year to date as of the close of trading on Monday.

IHS Inc. provides critical information and insight products and services. The company has a P/E ratio of 48.7, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates IHS as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full IHS Ratings Report.

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