NEW YORK ( TheStreet) -- Shares of Industrial Services of America (Nasdaq: IDSA) have taken a tremendous swing upward. The stock is trading at $12.11 as of 9:47 a.m. ET, 20.5% above Friday's closing price of $10.05. Volume is at 116,573, 2.3 times the daily average of 51,600. Industrial Services of America has a market cap of $67.6 million and is part of the services sector and diversified services industry. Shares are down 18.3% year to date as of the close of trading on Friday. Industrial Services of America, Inc. engages in ferrous and non-ferrous scrap metal recycling and waste management services in the United States and Canada. The company operates through two segments, Recycling and Waste Services. The company has a P/E ratio of 8.7, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 16.2. TheStreet Ratings rates Industrial Services of America as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Industrial Services of America 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.