NEW YORK ( TheStreet) -- Shares of ChinaEdu Corporation (Nasdaq: CEDU) have taken a tremendous swing upward. The stock is trading at $6.25 as of 9:30 a.m. ET, 35.3% above Friday's closing price of $4.62. Volume is at 2,100, 0.3 times the daily average of 8,100. ChinaEdu has a market cap of $115 million and is part of the services sector and diversified services industry. Shares are down 40.4% year to date as of the close of trading on Friday. ChinaEdu Corporation, together with its subsidiaries, provides educational services to the online degree programs of universities in the People's Republic of China. The company has a P/E ratio of 21.1, above the average diversified services industry P/E ratio of 19.9 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates ChinaEdu as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow. You can view the full ChinaEdu 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.