Sony Stock Gaps Up On Today's Open (SNE)

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 Sony Corporation (NYSE: SNE) were gapping up Tuesday morning with an open price 13.8% higher than Monday's closing price. The stock closed at $18.89 Monday and opened today's trading at $21.49.

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The average volume for Sony has been 3.2 million shares per day over the past 30 days. Sony has a market cap of $18.13 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 68.7% year to date as of the close of trading on Monday.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. The company has a P/E ratio of 5.1, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sony as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in stock price during the past year and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Sony Ratings Report.

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