NEW YORK ( TheStreet) -- Shares of Exactech (Nasdaq: EXAC) have taken a tremendous swing upward. The stock is trading at $16.90 as of four p.m. ET, 20.1% above Monday's closing price of $14.07. Volume is at 37,817, 2.1 times the daily average of 18,400. Exactech has a market cap of $221.6 million and is part of the health care sector and health services industry. Shares are down 25.2% year to date as of the close of trading on Monday. Exactech, Inc. develops, manufactures, markets, distributes, and sells orthopedic implant devices and related surgical instrumentation, as well as offers biologic services to hospitals and physicians in the United States and internationally. The company has a P/E ratio of 19.9, below the average health services industry P/E ratio of 22.6 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Exactech as a buy. 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, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Exactech 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.