Solta Medical Stock Soars (SLTM)

NEW YORK ( TheStreet) -- Shares of Solta Medical (Nasdaq: SLTM) have taken a tremendous swing upward. The stock is trading at $1.82 as of 3:26 p.m. ET, 28.2% above Thursday's closing price of $1.42. Volume is at 227,675, one times the daily average of 228,700.

Solta Medical has a market cap of $88.7 million and is part of the health care sector and health services industry. Shares are down 53.4% year to date as of the close of trading on Thursday.

Solta Medical, Inc. designs, develops, manufactures, and markets energy-based medical device systems for aesthetic applications.

TheStreet Ratings rates Solta Medical as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself. You can view the full Solta Medical Ratings Report.

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