NEW YORK ( TheStreet) -- Shares of Entercom Communications Corporation (NYSE: ETM) have taken a tremendous swing upward. The stock is trading at $5.66 as of 3:59 p.m. ET, 21.5% above Monday's closing price of $4.66. Volume is at 237,858, 1.3 times the daily average of 178,000. Entercom has a market cap of $200.9 million and is part of the services sector and media industry. Shares are down 59.8% year to date as of the close of trading on Monday. Entercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats, such as news, talk, classic rock, adult contemporary, alternative, and country. The company has a P/E ratio of 2.6, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Entercom as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and poor profit margins. You can view the full Entercom 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.