NEW YORK ( TheStreet) -- Shares of Westway Group (Nasdaq: WWAY) have taken a tremendous swing upward. The stock is trading at $5.41 as of 9:53 a.m. ET, 20.9% above Tuesday's closing price of $4.48. Volume is at 69,683, 8.3 times the daily average of 8,400. Westway Group has a market cap of $63 million and is part of the services sector and diversified services industry. Shares are up 18.5% year to date as of the close of trading on Tuesday. Westway Group, Inc., together with its subsidiaries, provides bulk liquid storage and related value-added services to manufacturers and consumers of agricultural and industrial liquids worldwide. The company has a P/E ratio of 64.1, below the average diversified services industry P/E ratio of 75 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Westway Group 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 find that the company's profit margins have been poor overall. You can view the full Westway Group 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.
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