Informatica Stock Gaps Up On Today's Open (INFA)

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 Informatica Corporation (Nasdaq: INFA) were gapping up Friday morning with an open price 12.8% higher than Thursday's closing price. The stock closed at $33.24 Thursday and opened today's trading at $37.50.

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The average volume for Informatica has been two million shares per day over the past 30 days. Informatica has a market cap of $3.55 billion and is part of the technology sector and computer software & services industry. Shares are up 4.9% year to date as of the close of trading on Thursday.

Informatica Corporation provides enterprise data integration and data quality software and services worldwide. The company has a P/E ratio of 35.3, above the S&P 500 P/E ratio of 17.7.

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

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