Shares of Boise Inc (NYSE:BZ) have taken a tremendous swing upward. The stock is trading at $5.37 as of 3:59 p.m. ET, 21.5% above Monday's closing price of $4.42. Volume is at 4.5 million, 2.3 times the daily average of two million.
NEW YORK ( TheStreet) -- Shares of Boise Inc (NYSE: BZ) have taken a tremendous swing upward. The stock is trading at $5.37 as of 3:59 p.m. ET, 21.5% above Monday's closing price of $4.42. Volume is at 4.5 million, 2.3 times the daily average of two million. Boise has a market cap of $642.3 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 44.1% year to date as of the close of trading on Monday. Boise Inc., together with its subsidiaries, engages in the manufacture and sale of paper and packaging products. The company has a P/E ratio of 5.1, above the average consumer non-durables industry P/E ratio of 4.7 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Boise as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, a generally disappointing performance in the stock itself and weak operating cash flow. You can view the full Boise 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.