NEW YORK ( TheStreet) -- Shares of Valhi Incorporated (NYSE: VHI) have taken a tremendous swing upward. The stock is trading at $52.28 as of 3:23 p.m. ET, 20.3% above Wednesday's closing price of $43.45. Volume is at 58,832, 1.3 times the daily average of 45,500. Valhi has a market cap of $4.7 billion and is part of the basic materials sector and chemicals industry. Shares are up 97.3% year to date as of the close of trading on Wednesday. Valhi, Inc., through its subsidiaries, operates in the chemicals, component products, and waste management businesses. TheStreet Ratings rates Valhi as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Valhi 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.