NEW YORK ( TheStreet) -- Shares of Midas (NYSE: MDS) have taken a tremendous swing upward. The stock is trading at $11.47 as of 9:30 a.m. ET, 27.6% above Monday's closing price of $8.99. Volume is at 6.8 million, 199 times the daily average of 34,200. Midas has a market cap of $117.1 million and is part of the services sector and wholesale industry. Shares are up 4.7% year to date as of the close of trading on Monday. Midas, Inc. provides retail automotive services through franchised or company-operated shops primarily in the United States, Canada, and Europe. It sells Midas, SpeeDee, and Midas-SpeeDee co-branded franchises. The company has a P/E ratio of 31.6, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Midas 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself. You can view the full Midas 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.