NEW YORK ( TheStreet) -- Shares of PMFG (Nasdaq: PMFG) have taken a tremendous swing upward. The stock is trading at $19.53 as of 3:56 p.m. ET, 20.2% above Monday's closing price of $16.25. Volume is at 77,030, 2.4 times the daily average of 32,000. PMFG has a market cap of $321.9 million and is part of the industrial goods sector and industrial industry. Shares are down 0.9% year to date as of the close of trading on Monday. PMFG, Inc., through its subsidiaries, provides custom-engineered systems and products primarily to power generation, natural gas infrastructure and refining, and petrochemical processing markets worldwide. The company operates through two segments, Process Products and Environmental Systems. The company has a P/E ratio of 152.9, below the average industrial industry P/E ratio of 458.8 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates PMFG 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, premium valuation and weak operating cash flow. You can view the full PMFG 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.