NEW YORK ( TheStreet) -- Shares of Lifetime Brands (Nasdaq: LCUT) have taken a tremendous swing upward. The stock is trading at $11.06 as of four p.m. ET, 27.6% above Monday's closing price of $8.67. Volume is at 29,651, one times the daily average of 29,800. Lifetime has a market cap of $116.5 million and is part of the consumer goods sector and consumer durables industry. Shares are down 38.2% year to date as of the close of trading on Monday. Lifetime Brands Inc. engages in the design, marketing, and distribution of kitchenware, tabletop, and home decor products under various company-owned and licensed brand names in North America. The company has a P/E ratio of 6.2, above the average consumer durables industry P/E ratio of 5.5 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Lifetime as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Lifetime 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.