NEW YORK ( TheStreet) -- Shares of Express-1 Expedited Solutions (AMEX: XPO) have taken a tremendous swing upward. The stock is trading at $3.04 as of 10:57 a.m. ET, 20.2% above Tuesday's closing price of $2.53. Volume is at 486,313, 7.8 times the daily average of 62,600. Express-1 Expedited has a market cap of $72.3 million and is part of the services sector and transportation industry. Shares are down 1.2% year to date as of the close of trading on Tuesday. Express-1 Expedited Solutions, Inc., through its subsidiaries, provides transportation and logistics services in the United States, Mexico, and Canada. It operates through three units: Express-1, Concert Group Logistics, and Bounce Logistics. The company has a P/E ratio of 14.5, above the average transportation industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Express-1 Expedited as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Express-1 Expedited 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.