NEW YORK ( TheStreet) -- Shares of Derma (Nasdaq: DSCI) have taken a tremendous swing upward. The stock is trading at $11.52 as of 10:17 a.m. ET, 23.2% above Tuesday's closing price of $9.35. Volume is at 309,301, 8.3 times the daily average of 37,100.

Derma has a market cap of $63.3 million and is part of the health care sector and health services industry. Shares are up 98.9% year to date as of the close of trading on Tuesday.

Derma Sciences, Inc. engages in manufacturing, marketing, and selling wound care, wound closure and specialty securement devices, and skin care products.

TheStreet Ratings rates Derma as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance 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 poor profit margins. You can view the full Derma 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.