NEW YORK (

TheStreet

) -- Shares of

Collective Brands

(NYSE:

PSS

) have taken a tremendous swing upward. The stock is trading at $13.19 as of 9:30 a.m. ET, 28.3% above Wednesday's closing price of $10.28. Volume is at 107,790, 0.1 times the daily average of 1.9 million.

Collective has a market cap of $616.8 million and is part of the

services

sector and

retail

industry. Shares are down 51.3% year to date as of the close of trading on Wednesday.

Collective Brands, Inc. primarily engages in the wholesale and retail of footwear and related accessories worldwide. The company has a P/E ratio of 7.5, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Collective as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full

Collective Ratings Report

.

See our

top % gaining stocks list

for other stocks that are soaring today, or get investment ideas from our

investment research center

.

Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting

SOAR

to 95370 or select from

multiple alert options

.

null