3. As of noon trading, Ubiquiti Networks ( UBNT) is up $5.75 (27.1%) to $26.95 on heavy volume. Thus far, 2.5 million shares of Ubiquiti Networks exchanged hands as compared to its average daily volume of 395,400 shares. The stock has ranged in price between $25.83-$29.40 after having opened the day at $28.00 as compared to the previous trading day's close of $21.20.

Ubiquiti Networks, Inc., a communications technology company, together with its subsidiaries, offers a portfolio of communications networking products and solutions worldwide. Ubiquiti Networks has a market cap of $1.8 billion and is part of the telecommunications industry. Shares are up 69.4% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Ubiquiti Networks a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ubiquiti Networks as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and feeble growth in the company's earnings per share. Get the full Ubiquiti Networks Ratings Report now.

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