Town Sports International Stock Soars (CLUB)

NEW YORK ( TheStreet) -- Shares of Town Sports International Holdings (Nasdaq: CLUB) have taken a tremendous swing upward. The stock is trading at $9.25 as of 11:41 a.m. ET, 21.2% above Wednesday's closing price of $7.63. Volume is at 338,122, 1.2 times the daily average of 276,500.

Town Sports International has a market cap of $183.7 million and is part of the services sector and leisure industry. Shares are up 87.9% year to date as of the close of trading on Wednesday.

Town Sports International Holdings, Inc., together with its subsidiaries, owns and operates fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The company has a P/E ratio of 73.3, below the average leisure industry P/E ratio of 89.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Town Sports International as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Town Sports International Ratings Report.

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