NEW YORK (

TheStreet

) -- Shares of

APAC Customer Services

(Nasdaq:

APAC

) have taken a tremendous swing upward. The stock is trading at $8.44 as of 9:31 a.m. ET, 55.2% above Wednesday's closing price of $5.44. Volume is at 16.3 million, 107.2 times the daily average of 151,600.

APAC Customer Services has a market cap of $272 million and is part of the

services

sector and

diversified services

industry. Shares are down 10.4% year to date as of the close of trading on Wednesday.

APAC Customer Services, Inc. provides customer care services and solutions. The company offers its services and solutions through multiple communication channels, including telephone, Internet, on-line chat, email, fax, mail correspondence, and automated response generated through technology. The company has a P/E ratio of 12.3, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates APAC Customer Services as a

TheStreet Recommends

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

APAC Customer Services Ratings Report

.

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