NEW YORK ( TheStreet) -- Shares of Enterprise Bancorp (Nasdaq: EBTC) have taken a tremendous swing upward. The stock is trading at $16.26 as of 3:51 p.m. ET, 25.7% above Monday's closing price of $12.94. Volume is at 19,565, 0.8 times the daily average of 23,200.

Enterprise has a market cap of $134.9 million and is part of the financial sector and banking industry. Shares are down 4.9% year to date as of the close of trading on Monday.

Enterprise Bancorp, Inc. operates as the holding company for Enterprise Bank and Trust Company that provides various banking products and services primarily in Merrimack Valley and north central regions of Massachusetts, and southern New Hampshire. The company has a P/E ratio of 9.8, below the average banking industry P/E ratio of 13.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Enterprise as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Enterprise Ratings Report.

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