Federal Stock Soars (FSS)

NEW YORK ( TheStreet) -- Shares of Federal Signal (NYSE: FSS) have taken a tremendous swing upward. The stock is trading at $5.69 as of 10:49 a.m. ET, 20% above Wednesday's closing price of $4.74. Volume is at 391,587, 1.7 times the daily average of 233,800.

Federal has a market cap of $300.4 million and is part of the consumer goods sector and automotive industry. Shares are up 16.4% year to date as of the close of trading on Wednesday.

Federal Signal Corporation, together with its subsidiaries, designs and manufactures a suite of products and integrated solutions in the United States, Europe, and Canada.

TheStreet Ratings rates Federal 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 also find weaknesses including generally poor debt management, a generally disappointing performance in the stock itself and poor profit margins. You can view the full Federal 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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