NEW YORK (

TheStreet

) -- Shares of

Biostar Pharmaceuticals

(Nasdaq:

BSPM

) have taken a tremendous swing upward. The stock is trading at 59 cents as of 12:09 p.m. ET, 20.4% above Monday's closing price of 49 cents. Volume is at 107,478, 1.5 times the daily average of 70,800.

Biostar has a market cap of $14.4 million and is part of the

health care

sector and

drugs

industry. Shares are down 81.9% year to date as of the close of trading on Monday.

Biostar Pharmaceuticals, Inc. develops, manufactures, and markets over-the-counter (OTC) and prescription pharmaceutical products, and health supplement products for various diseases and conditions in the People's Republic of China. The company has a P/E ratio of 0.8, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Biostar as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full

Biostar Ratings Report

.

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