NEW YORK ( TheStreet) -- Shares of Mad Catz Interactive (AMEX: MCZ) have taken a tremendous swing upward. The stock is trading at 82 cents as of 3:06 p.m. ET, 20.2% above Tuesday's closing price of 68 cents. Volume is at 1.8 million, 2.7 times the daily average of 643,900. Mad Catz Interactive has a market cap of $42.2 million and is part of the technology sector and computer hardware industry. Shares are down 33.4% year to date as of the close of trading on Tuesday. Mad Catz Interactive, Inc. designs, manufactures, markets, sells, and distributes accessories for videogame platforms and personal computers (PC), as well as for iPod and other audio devices. The company has a P/E ratio of 4.2, below the average computer hardware industry P/E ratio of 5.1 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Mad Catz Interactive as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full Mad Catz Interactive 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.