PHC Stock Soars (PHC)

NEW YORK ( TheStreet) -- Shares of PHC (AMEX: PHC) have taken a tremendous swing upward. The stock is trading at $3.66 as of 10:12 a.m. ET, 22% above Monday's closing price of $3. Volume is at 403,889, 8.1 times the daily average of 49,800.

PHC has a market cap of $57.5 million and is part of the health care sector and health services industry. Shares are up 80.9% year to date as of the close of trading on Monday.

PHC, Inc., through its subsidiaries, provides behavioral health services through inpatient and outpatient facilities in the United States. The company has a P/E ratio of 38.4, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates PHC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full PHC Ratings Report.

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