MBT Financial Stock Soars (MBTF)

NEW YORK ( TheStreet) -- Shares of MBT Financial Corporation (Nasdaq: MBTF) have taken a tremendous swing upward. The stock is trading at $3.10 as of 3:05 p.m. ET, 26.5% above Thursday's closing price of $2.45. Volume is at 177,544, 6.9 times the daily average of 25,800.

MBT Financial has a market cap of $41.5 million and is part of the financial sector and banking industry. Shares are up 118.8% year to date as of the close of trading on Thursday.

MBT Financial Corp. operates as the holding company for Monroe Bank & Trust that provides customary retail and commercial banking, and trust services in Michigan.

TheStreet Ratings rates MBT Financial as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full MBT Financial Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.

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