Kensey Nash Stock Soars (KNSY)

NEW YORK ( TheStreet) -- Shares of Kensey Nash Corporation (Nasdaq: KNSY) have taken a tremendous swing upward. The stock is trading at $30.19 as of 10:15 a.m. ET, 22.8% above Friday's closing price of $24.59. Volume is at 59,749, 1.6 times the daily average of 36,900.

Kensey Nash has a market cap of $183.1 million and is part of the health care sector and health services industry. Shares are up 28.1% year to date as of the close of trading on Friday.

Kensey Nash Corporation, a medical device company, engages in the field of regenerative medicine products and technologies to help repair damaged or diseased tissues. The company has a P/E ratio of 129.3, below the average health services industry P/E ratio of 706 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Kensey Nash as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full Kensey Nash 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.