NEW YORK ( TheStreet) -- Shares of LeCroy Corporation (Nasdaq: LCRY) have taken a tremendous swing upward. The stock is trading at $10.57 as of 2:09 p.m. ET, 20.5% above Tuesday's closing price of $8.77. Volume is at 262,746, 2.5 times the daily average of 105,500.

LeCroy has a market cap of $150.9 million and is part of the technology sector and electronics industry. Shares are down 10.9% year to date as of the close of trading on Tuesday.

LeCroy Corporation, together with its subsidiaries, develops, manufactures, sells, and licenses oscilloscopes and communication protocol analyzers in the Americas, Europe, the Middle East, and the Asia Pacific. The company has a P/E ratio of 45.7, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates LeCroy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. You can view the full LeCroy Ratings Report.

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