NEW YORK ( TheStreet) -- Shares of Rand Logistics (Nasdaq: RLOG) have taken a tremendous swing upward. The stock is trading at $7 as of 10:52 a.m. ET, 32.3% above Friday's closing price of $5.29. Volume is at 78,007, 2.6 times the daily average of 30,500. Rand Logistics has a market cap of $67.3 million and is part of the services sector and transportation industry. Rand Logistics, Inc., through its subsidiaries, provides bulk freight shipping services in the Great Lakes region. It offers domestic port-to-port services and River Class bulk freight shipping services in Canada and the United States. The company has a P/E ratio of 50, above the average transportation industry P/E ratio of 45.5 and above the S&P 500 P/E ratio of 23.5. TheStreet Ratings rates Rand Logistics as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and generally poor debt management. You can view the full Rand Logistics Ratings Report.